Japan Retail Sales Rise 0.1% In December
Retail sales in Japan were up a seasonally adjusted 0.1 percent in December, the Ministry of Economy, Trade and Industry said on Wednesday, worth 13.098 trillion yen.
That missed forecasts for an increase of 0.4 percent following the downwardly revised 0.1 percent contraction in November.
On a yearly basis, retail sales were up 0.4 percent - beating forecasts for a gain of 0.3 percent after adding a downwardly revised 1.2 percent in the previous month.
Sales from large retailers were flat on year at 2.105 trillion - also topping expectations for a decline of 1.0 percent after rising 0.9 percent a month earlier.
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