FXstreet.com (Barcelona) - Retail sales have bounced back to positive in August after two consecutive drops, to increase somewhat larger than expected, the increase has been widespread among sectors, with new car dealers have posted the largest increase, according to data by Statistics Canada.

Total retail sales have increased 0.7% in August, after posting a 0.8% decrease in July, the increase has been shared by eight retailers sectors, but car dealers posted the biggest gain with a 3.0% monthly increase.

Excluding automobiles, sales of all the other products have increased 0.3% in August, with pharmacies sales increasing 1.8%, furniture stores 1.5%, clothing stores, together with miscellaneous retailers 1.4% and general merchandise stores increasing 1.3%.