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Sask. posted third-best retail numbers in June

Retail sales increased by 7.9 per cent
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(Getty Images)

There is more good economic news for the province.

The value of retail sales in Saskatchewan increased 7.9 per cent in June 2020, compared to the year before. 

That is the third-highest percentage increase in the country, and more than double the 3.8 per cent increase posted for Canada (seasonally adjusted).

“The growth in retail sales in Saskatchewan is strong as we continue to implement the Re-Open Saskatchewan Plan,” said Trade and Export Development Minister Jeremy Harrison. “While recovery coming out of the global COVID-19 pandemic will take time, this is another key economic indicator highlighting the strong position our province is in compared to other jurisdictions, and how Saskatchewan remains a great place to do business.”   

The value of retail trade in the province increased by 15.6 per cent from May. 

Total retail trade in June was worth more than $1.7 billion.

It was reported earlier that Saskatchewan also had the highest wholesale trade growth in the country in June.

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