- Prior was +1.1% (revised to +1.2%)
- Ex autos +0.5% vs +0.8% expected
- Prior ex autos was +0.8% (revised to +1.0%)
- March advance reading +0.6%
The headline number is soft but the revisions were higher and the advance reading for March was strong. That said, surely a big portion of the +0.6% reading in March was gasoline so we're going to have to wait for the ex-gas number in next month's report. All told, the Canadian consumer appeared to be in good shape ahead of the Iran war.
