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Financial News: Japan Retail Sales Gain 0.9% In August

Japan Retail Sales Gain 0.9% In August

09/27/2018 - 20:16:00 (RTTNews)

(RTTNews) - The value of retail sales in Japan was up a seasonally adjusted 0.9 percent on month in August, the Ministry of Economy, Trade and Industry said on Friday.

That beat forecasts for an increase of 0.5 percent and was up from 0.1 percent in July.

On a yearly basis, retail sales jumped 2.7 percent - again exceeding expectations for 2.0 percent and up from 1.5 percent in the previous month.

Sales from large retailers dipped 0.1 percent on year, shy of expectations for an increase of 0.3 percent following the 1.6 percent contraction a month earlier.

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10/23/2018 - 10:45 AM (RTTNews)
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