Japan's supermarket sales declined 1.9 percent year-on-year in April, the Japan Chain Stores Association said Tuesday. The annual decline reversed the 1.7 percent increase in March.
Before store adjustment, sales grew 0.3 percent.
Citing revival in exports and factory output, the Japanese government on Monday upgraded its assessment of the economy for the first time in two months.
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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.