Retail Sales in Japan

Japan Retail Sales | Economic News & Forecasts

Japan - Retail Sales

Economic growth appears to have strengthened momentum at the outset of the year as a relatively weak yen and strong global demand fueled activity in the all-important external sector. In March, exports rose at the fastest pace in over two years and expanded at a double-digit rate for the second consecutive month. The strong rebound in exports since late 2016 prompted business sentiment to improve at the outset of the year, with the Tankan index for large manufacturers jumping to an over one-year high in Q1. Moreover, the economy is benefiting from a declining unemployment rate, which decreased to a 22-year low in March. Low unemployment levels and moderate wage growth boosted consumer confidence in Q1.

Japan - Retail Sales Data

2011  2012  2013  2014  2015  
Retail Sales (annual variation in %)-1.0  1.8  1.0  1.7  -0.4  

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Japan Retail Sales Chart

Japan Retail
Note: Annual variation of retail sales in %.
Source: Ministry of Economy, Trade and Industry and FocusEconomics calculations.

Japan Facts

Bond Yield0.054.26 %May 24
Exchange Rate111.5-0.25 %May 24
Stock Market19,7430.66 %May 24

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