• Retail sales in Japan decline at an annual rate of 0.2% in September

Market news

28 October 2015

Retail sales in Japan decline at an annual rate of 0.2% in September

According to the Ministry of Economy, Trade and Industry, retail sales in Japan declined at an annual rate of 0.2% in September, missing expectations for a 0.4% rise, after a 0.8% gain in August. It was the first drop in six months.

The decline was partly driven by lower fuel, and home electronics and cars sales.

Fuel sales slid 15.4% year-on-year in September.

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