UPDATE 2-Canada Jan retail sales jump on autos, weather

Newswire

(Adds analyst comments, market reaction, details) By Louise Egan OTTAWA, March 25 (Reuters) - Consumer spending in Canada showed no sign of slowing in January as retail sales posted a third straight month of big gains thanks to a cut in the sales tax and an appetite for new passenger cars. Statistics Canada reported a 1.5 percent jump in January retail sales on Tuesday, beating analysts' expectations of a 1.2 percent increase and following a revised 0.8 percent gain in December. ...

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