Retail Sales in Japan

Japan Retail Sales | Economic News & Forecasts

Japan - Retail Sales

The economy expanded at a tepid pace in Q2 according to recent data, held back by the declaration of the third state of emergency in late April. Looking at subcomponents, private spending, government consumption and fixed investment rebounded, while the net contribution from the external sector grew more negative as import growth outpaced the expansion in exports. Turning to Q3, the composite PMI fell in July and August. Conditions have soured due to supply chain disruptions and a surge in Covid-19 cases leading to the imposition of a fourth state of emergency in July, which was recently extended to include eight more prefectures. Moreover, the economic lift from the Olympics appears to have been limited, due to travel restrictions and a ban on attendance at the Games.

Japan - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)-0.4  -0.6  1.9  1.7  0.1  

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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

Value Change Date
Bond Yield-0.02-4.41 %Dec 30
Exchange Rate108.7-0.35 %Jan 01

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