Quotes from BMO Capital Markets:
- There's no denying the breadth and depth of the weakness in the December retail figures, but they come with some big caveats-Black Friday distortion and a huge drop in gasoline prices.
- Even with the big drop in retail volumes, real GDP growth for December is poised to come in around 0.3% thanks to big gains in manufacturing and wholesale activity.
Commentary
Canada's real GDP growth for Dec poised to come in around 0.3%: BMO Capital Markets
Quotes from BMO Capital Markets:- There's no denying the breadth and depth of the weakness in the December retail figures, but they come with some big caveats-Black Friday distortion and a huge drop in gasoline prices. -…
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