UPDATE 1-Gas prices lift Canada retail sales in October

* Retail sales up 0.8 pct vs forecast of 0.5 pct rise

* Excluding gasoline, sales dipped 0.1 percent lower
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OTTAWA, Dec 21 (BestGrowthStock) – A jump in gasoline prices in
October caused retail sales to grow 0.8 percent in the month
for the fifth straight gain, although sales excluding gasoline
edged down, Statistics Canada said on Tuesday.

Markets had expected a 0.5 percent rise in sales, according
to the median forecast in a Reuters poll.

Sales excluding autos and parts rose 0.9 percent, but
excluding gasoline fell 0.1 percent.

Prices at the pump jumped 7.4 percent from September. Sales
were also up at furniture and home furnishings stores, auto
dealers and miscellaneous retailers. They fell in department
stores, supermarkets and clothing stores.

Although sales expanded across seven of 11 subsectors,
total volumes slipped 0.2 percent in October.
(Reporting by Louise Egan; editing by Jeffrey Benkoe)

UPDATE 1-Gas prices lift Canada retail sales in October