Latest News

Japan Retail Sales Jump 2.0% On Month In March

0

The value of retail sales in Japan was up a seasonally adjusted 2.0 percent on month in March, the Ministry of Economy, Trade and Industry said on Thursday – coming in at 13.628 trillion yen.

That beat forecasts for an increase of 1 percent following the downwardly revised 0.9 percent decline in February (originally -0.8 percent).

For the first quarter of 2022, retail sales fell 0.8 percent on quarter but rose 0.4 percent on year at 37.389 trillion yen.

On a yearly basis, retail sales jumped 0.9 percent – again topping expectations for 0.4 percent following the downwardly revised 0.9 percent decline in February (originally -0.8 percent).

Commercial sales were up 2.6 percent on month and 5.2 percent on year at 53.123 trillion yen, while wholesale sales gained 2.6 percent on month and 6.8 percent on year at 39.495 trillion yen.

Japan Industrial Output Rises 0.3% In March

Previous article

*Yen Drops To 20-year Low Of 129.87 Against U.S. Dollar After BoJ Decision

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News