The value of retail sales in Japan was up 2.6 percent on year in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 14.309 trillion yen.That missed forecasts for an increase of 2.8 percent and was down from 3.8 percent in June.Commercial Sales added 2.5 percent on month and 7.5 percent on year to 53.440 trillion yen.Wholesale sales rose 3.1 percent on month and 9.9 per...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.