Free Trial

Japan Dec Retail Sales +2.1% Y/Y; 22nd Monthly Rise

JAPAN DATA
MNI (Singapore)
  • Japanese retail sales rose 2.1% y/y in December, following the 5.4% y/y growth reported last month, marking the 22nd monthly rise.
  • On a monthly basis, retail sales fell 2.9%, compared with the 1.0% increase previously.
  • General merchandise sales increased 2.2% y/y, slower than the 4.6% y/y increase last month, while sales of fabric apparels and accessories falling 13.5% y/y, dramatically down from last flat change.
  • Sales of food and beverages increased 2.9% y/y, after growing 5.8% y/y last month.
  • Fuel sales, another key driver, increased 1.0% y/y, down from the 3.9% y/y increase made in December.
  • Sales of machinery and equipment up 2.4% y/y, decelerating from the 3.7% y/y growth last month.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.