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Financial News: Japan Supermarket Sales Decline In November

Japan Supermarket Sales Decline In November

12/24/2019 - 01:22:00 (RTTNews)

(RTTNews) - Japan supermarket sales declined at a slower pace in November, data from the Chain Store Association showed on Tuesday.

Supermarket sales fell 1.4 percent on a yearly basis in November, following a 4.1 percent drop in October.

The annual fall was largely driven by a 7.9 percent drop in clothing and a 3.2 percent decrease in household goods sales.

Before adjustment, supermarket sales declined 6.2 percent in November after easing 8.4 percent a month ago.

On a monthly basis, retail sales increased 2.2 percent in November.

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