A report out Friday states retail sales in Saskatchewan experienced healthy growth in March, which has added to recent upward trends in other economic sectors.
Retail sales in Saskatchewan are up by 8-point-7 per cent from last year at a total of $1.7 billion — that’s the second-highest percentage growth across the country, and ahead of the national average of 6.9 per cent.
“These statistics indicate renewed consumer confidence in Saskatchewan and of an economy that is trending in the right direction,” Economy Minister Jeremy Harrison said in a news release. “Our province is well-positioned to stimulate continued growth and activity in our key sectors, which is good news for our people and businesses.”
The province also saw an increase of 2.7 per cent in retail sales in March compared to the previous month — that ranks Saskatchewan third in percentage change among the provinces.