OTTAWA (Reuters) - Canada retail sales in October

OTTAWA (Reuters) - Canada retail sales in October jumped by a stronger-than-expected 0.7 percent from September to hit a record, but analysts said the figures were less impressive than they seemed and would not do much to boost recent sluggish economic growth. Statistics Canada said on Thursday that retail sales in October reached C$39.45 billion ($39.85 billion), the third consecutive all-time high. Sales have now grown for four straight months. But analysts, who had expected a month-over-month increase of 0.2 percent, noted that in volume terms sales were only up by 0.3 percent. ...

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