Mastercard: Canada trailed U.S. in December sales growth

New York -- A report released Wednesday by MasterCard revealed that Canadian retail sales, which grew just 1.6% in December, trailed the U.S., which also posted less than stellar results for the month.



Sales in the U.S. advanced 2.4% in December.



Canada’s results were particularly disappointing, considering the country’s December sales grew 4.3% in December 2011, according to MasterCard’s SpendingPulse report.