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At 14:30 (GMT+2), Canada will release its April retail sales data. The indicator records the volume of all goods retailers sold, based on samples of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It may increase from –0.2% to 0.7%, and the core value from –0.6% to –0.5%, supporting the Canadian dollar.
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