Statistics Canada: Sales Figures and Market Expectations

statistics canada: Nine of the index ten sub-sectors were in the positive on the day, according to Xinhua China. Early Friday morning, Statistics Canada released September Consumer Price Index as well as August retail sales figures, both of which fell below market expectations. The Toronto Stock Exchange benchmark Standard & Poor's/TSX Composite Index gained 91.12 points, or 0.61 percent, to close the week at 14,939.04 points. The CPI rose 0.2 percent to 1.3 percent, slightly lower than the 1.5-percent consensus and retail sales fell 0.1 percent to 44 billion Canadian dollars , in contrast with an expected increase of 0.3 percent. The index rebounded in a big way in the week as each session of the week ended with a gain. Entering the week, the TSX was in the midst of a six-week long slump where the index lost 12.96 points since Sept. 1. (news.financializer.com). As reported in the news.