Canada retail sales for December -2.2% vs. exp. -0.9%

The ex auto from last month was revised to to 1.0% from a prior 1.1%.  

• The fall is the largest since April 2010
• Drop 2.3% in volume terms
• Was motor vehicles/parts largest downside contributor was motor vehicles/parts
•  Largest upside contributor was home furnishings
• declines were widespread. 10 of 11 categories were lower
• Later  snowfalls and unseasonably warm weather in many parts of Canada, contributed to lower seasonal purchases