Japan's supermarket sales dropped 1.9 percent in April from a year ago, the Japan Chain Stores Association said Tuesday. The decline follows a 2.4 percent decrease in March.
Before adjustment, store sales were down 2.3 percent annually.
Nonetheless, the government raised its economic view last week. The Cabinet Office also lifted the assessment of consumer spending and said private consumption is increasing at a moderate pace.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.