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Asian Economic News

Japan Retail Sales Ease 0.1% In October

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Retail sales in Japan fell 0.1 percent on year in October, the Ministry of Economy, Trade and Industry said on Tuesday.

That beat forecasts for a decline of 1.6 percent following the fall of 1.7 percent in September.

On a seasonally adjusted monthly basis, retail sales climbed 2.5 percent - also exceeding expectations for 1.1 percent and up from 0.3 percent in the previous month.

Sales from large retailers shed 1.0 percent on year, missing forecasts for a fall of 0.9 percent following the 3.2 percent tumble a month earlier.

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