• Retail sales in Japan are up at an annual rate of 0.5% in February

Market news

29 March 2016

Retail sales in Japan are up at an annual rate of 0.5% in February

According to Japan's Ministry of Economy, Trade and Industry (METI), retail sales in Japan were up at an annual rate of 0.5% in February, missing expectations for a 1.7% gain, after a 0.1% fall in January.

Sales at large-scale retailers increased 2.2% year-on-year in February, after a 0.9% rise in January.

On a monthly basis, retail sales were down 2.3% in February, after a 0.4% decrease in January.

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