- Japan: slow economic growth and negative inflation kept consumers on the sidelines for yet another month
Noticias del mercado
30 agosto 2016
Japan: slow economic growth and negative inflation kept consumers on the sidelines for yet another month
According to rttnews, retail sales in Japan fell 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Tuesday.
That beat forecasts for a decline of 0.9 percent following the upwardly revised 1.3 percent contraction in June (originally -1.4 percent).
Sales from large retailers climbed 0.6 percent on year - missing expectations for 0.9 percent after tumbling 1.5 percent in the previous month.
On a monthly basis, retail sales jumped 1.4 percent - beating forecasts for 0.8 percent and up from 0.3 percent a month earlier.
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