- Analytics
- News and Tools
- Market News
- Japan retail sales fell 0.2 percent month-on-month
Japan retail sales fell 0.2 percent month-on-month
Japan's retail sales dropped for the first time in four months in September, the Ministry of Economy, according to rttnews.
Retail sales fell 0.2 percent month-on-month, in line with expectations but reversed a 0.9 percent rise in August.
The drop in retail sales in September suggests that consumer spending fell yet again in the third quarter, said Marcel Thieliant, an economist at Capital Economics. That is one reason to expect GDP to contract in third quarter.
On a yearly basis, retail sales growth eased to 2.1 percent in September from 2.7 percent in August. The annual rate also matched economists' expectations.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
