Excessive Retail Commerce Numbers Mirror Power of Saskatchewan’s Financial system | Information and Media

Launched on August 19, 2022

Province leads nation in one other key financial indicator 

In June 2022, the worth of Saskatchewan’s retail commerce elevated 3.7 per cent from Might 2022 (seasonally adjusted), rating first among the many provinces. In comparison with June 2021, retail commerce elevated by 10.1 per cent. 

“Financial progress is essential to constructing a powerful Saskatchewan and these retail commerce numbers are yet one more signal that we’re shifting full steam forward,” Commerce and Export Improvement Minister Jeremy Harrison stated. “We’ll proceed to interact with our enterprise neighborhood to make sure Saskatchewan is the perfect place to work and do enterprise in Canada.”

In June 2022, the entire worth of retail commerce in Saskatchewan was almost $2.1 billion.

In latest months Saskatchewan has ranked extremely among the many provinces in plenty of key financial indicators. In June 2022, the worth of wholesale commerce grew by 64.8 per cent year-over-year, the best progress among the many provinces and by 14.9 per cent month-to-month, the second highest progress among the many provinces. Funding in constructing development numbers for June 2022 noticed Saskatchewan with will increase of 17.6 per cent month-to-month and 63 per cent year-over-year, rating second and first among the many provinces respectively. Saskatchewan additionally ranked second in each city housing begins and merchandise exports in June 2022, with year-over-year will increase of 35.6 per cent and 57.3 per cent respectively.

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For extra data, contact:

Sean Leslie
Commerce and Export Improvement
Telephone: 306-530-4769
E-mail: [email protected]