UPDATE 1-Canadian retail sales jump in November, but December looks gloomier
2 Min Read OTTAWA, Jan 22 (Reuters) - Canadian retail sales jumped by much more than expected in November, but preliminary figures for December suggest a sharp drop as novel coronavirus restrictions were re-imposed, Statistics Canada said on Friday. Food and drink sales rose by 5.9% and helped push overall retail trade up by 1.3%, its seventh consecutive monthly gain and significantly greater than the 0.1% increase predicted by analysts in a Reuters poll. Most retail businesses were open in November but as the second wave of the coronavirus spread, many provinces imposed clamp downs. Statscan...