Retail Sales Down 2.4% in 2018

Retail sales totalled $9.0 billion in 2018, a decrease of 2.4% compared to 2017.

Every major category posted a decline, with the exception of Food and beverage stores (up 1.9%). The largest decline recorded was in Motor vehicles and parts dealers (down $207.8 million or 8.1%), consistent with lower sales of new motor vehicles.

For Canada as a whole, retail sales increased by 2.7% in 2018.

Retail Sales by Industry
Newfoundland and Labrador, January-December 2018
Retail Sales Trade Group
($ millions)
2017
2018
Actual Change
Percent Change
Automotive
3,845.8
3,622.2
-223.6
-5.8%
Motor vehicle and parts dealers1
2,554.1
2,346.2
-207.8
-8.1%
Gasoline stations
1,291.8
1,276.0
-15.8
-1.2%
Food and beverage stores
2,017.6
2,055.8
38.1
1.9%
General merchandise stores
1,245.1
1,238.3
-6.8
-0.5%
Health and personal care
673.6
659.0
-14.6
-2.2%
Clothing and accessories
310.9
309.8
-1.1
-0.4%
Miscellaneous stores
153.3
151.9
-1.4
-0.9%
Sporting goods, hobby, music and bookstores
120.8
115.1
-5.7
-4.7%
Total
9,226.7
9,006.2
-220.5
-2.4%

Source: Statistics Canada
1 The motor vehicle figure displayed here includes some used car sales, as well as parts and service labour, and may be higher than those appearing in the Car Sales Bulletin.

Statistical Reference: Statistics used in this analysis were the latest available at the time of writing. For the latest in retail trade statistics visit the Newfoundland & Labrador Statistics Agency site and check the release dates on Statistics Canada site.

 

Economic and Project Analysis Division, Department of Finance – (709) 729-3255 – infoera@gov.nl.ca