December’s retail sales were slightly better than the expected 0.5% drawdown, falling 0.4%…

… with a 1.6% decline at motor vehicles and parts retailers leading the way on an absolute basis, offsetting a near-3% increase at fuel vendors.

On a regional basis, results were weaker in all key provinces except Quebec…

… which should reverse in January, with preliminary estimates calling for a 1.5% increase.