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JAPAN DATA: Japan Nov Retail Sales +2.8% Y/Y

JAPAN DATA
APACJapanData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Japanese retail sales rose 2.8% y/y in November, accelerating from the 1.3% y/y growth reported last month.
  • On a monthly basis, retail sales increased 1.8%, compared with the 0.2% decrease in October.
  • General merchandise sales rose 0.9% y/y, improving from the 3.9% y/y decrease last month, while sales of fabric apparels and accessories increasing 10.7%, quickly up from the 0.7% increase registered last month.
  • Sales of food and beverages increased 1.4% y/y, up from last 0.1% y/y decrease.
  • Fuel sales, another key driver, increased 3.6% y/y, accelerating from the previous 2.6% y/y growth.
  • Sales of machinery and equipment up 2.6% y/y, lower than the 3.4% y/y growth previously.
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  • Japanese retail sales rose 2.8% y/y in November, accelerating from the 1.3% y/y growth reported last month.
  • On a monthly basis, retail sales increased 1.8%, compared with the 0.2% decrease in October.
  • General merchandise sales rose 0.9% y/y, improving from the 3.9% y/y decrease last month, while sales of fabric apparels and accessories increasing 10.7%, quickly up from the 0.7% increase registered last month.
  • Sales of food and beverages increased 1.4% y/y, up from last 0.1% y/y decrease.
  • Fuel sales, another key driver, increased 3.6% y/y, accelerating from the previous 2.6% y/y growth.
  • Sales of machinery and equipment up 2.6% y/y, lower than the 3.4% y/y growth previously.