UPDATE 1-Pump prices help fuel Canada's May retail sales

Newswire

(Adds analyst comment, changes dateline previous OTTAWA) TORONTO, July 26 (Reuters) - Canadians spent more on gasoline, home electronics and alcohol in May, raising overall retail sales by 0.5 percent from April to C$28.63 billion ($21.53 billion), Statistics Canada said on Monday. That exceeded analysts' average forecast for an increase of 0.3 percent. Statscan left April's preliminary decline of 0.8 percent unchanged but highlighted that May marked the fourth gain in five months. ...

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