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Financial News: Japan Retail Sales Add 0.2% In March

Japan Retail Sales Add 0.2% In March

04/27/2017 - 20:40:00 (RTTNews)

(RTTNews) - Retail sales in Japan were up a seasonally adjusted 0.2 percent on month in March, the Ministry of Economy, Trade and Industry said on Friday.

That beat expectations for a decline of 0.3 percent, although it was unchanged from the February reading.

On a yearly basis, retail sales advanced 2.1 percent - again topping forecasts for 1.5 percent after adding just 0.1 percent in the previous month.

Sales from large retailers slipped 0.8 percent on year, beating forecasts for a decline of 1.0 percent after sliding 2.7 percent a month earlier.

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