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Japan Retail Sales Up Just 0.2% On Year In June

Capital Market/ 09:23 , Jul 27, 2012

Japanese retail sales worsened in June, both overall and for large retailers in particular, according to Ministry of Economy, Trade and Industry data Friday. Overall seasonally adjusted retail sales rose 0.2% from a year earlier, slowing sharply from a 3.6% year-on-year gain in May and a 5.7% rise in April. Large retailers clocked their third straight month of falling sales, according to the data, which showed a 2.6% drop, wider than a 0.8% year-on-year fall in May and a 0.6% decrease in April.
 

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