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Financial News: Japan Retail Sales Gain 0.2% On Month In

Japan Retail Sales Gain 0.2% On Month In December

01/30/2020 - 19:24:00 (RTTNews)

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

That was shy of expectations for a gain of 1.2 percent following the 4.5 percent jump in November.

On a yearly basis, sales were down 2.6 percent - also missing forecasts for a drop of 1.8 percent following the 2.1 percent drop in the previous month.

Large retailer sales sank 3.0 percent on year, shy of expectations for a drop of 2.5 percent after losing 1.8 percent a month earlier.

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