Economic Buzz: Japan Retail Sales Rise 3.6% In May

29 Jun 2022 , 11:44 AM

The value of retail sales in Japan was up 3.6 percent on year in May, the Ministry of Economy, Trade and Industry reported – coming in at 12.388 trillion yen. On a seasonally adjusted monthly basis, retail sales rose 0.6 percent, slowing from 1.0 percent in the previous month. Wholesale sales were up 0.3 percent on month and 10.6 percent on year at 32.854 trillion yen, while commercial sales gained 0.6 percent on month and 8.6 percent on year at 45.242 trillion yen.Powered by Commodity Insights