Released on November 22, 2011
September's retail sales shot up 8.1 per cent over the same month in 2010, the highest percentage increase among the provinces and almost double the 4.2 per cent recorded nationally on a seasonally adjusted basis.
"As incomes in Saskatchewan rise we are seeing that translating into busy stores across the province," Enterprise Minister Jeremy Harrison said. "This is excellent news for our economy as we approach Christmas."
On a monthly basis, Saskatchewan's retail sales were up 1.7 per cent in September 2011 over August 2011, the fourth-highest increase in Canada. Nationally, retail sales were up just 1.0 per cent.
"This is another sign of the confidence and optimism people in Saskatchewan have for the future," Harrison said. "With so many jobs and opportunities available, consumers are able to enjoy a higher quality of life in our province."
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For more information, contact:
Deb Young
Enterprise Saskatchewan
Regina
Phone: 306-787-6315
Email: deb.young@enterprisesask.ca