Retail Sales YoY Japan
Event Date: Monday, March 29, 2021
Event Time: 00:50 CET
Updated Saturday, March 27, 2021
retail slowed down considerably in June and in July they turned negative, declining by 2.0%. They turned positive again in August and in September posted a big surprise jump of 9.2%, on an annualized basis. But, they are expected to turn negative again for October and post a 3.8% decline for that month. They remained negative apart from February, while in April they dived by 13.9%. In May we should see an improvement though. CPI remained negative until September, then turned positive in October and November, but declined by -0.3% for December and by 2.4% in January. February is expected to be negative at -2.7%. Please follow us for live coverage in real time of the event by experienced analysts.
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About Retail Sales YoY Japan
Change in the total value of sales at the retail level. 'Actual' greater than 'Forecast' is good for currency. Released monthly, about 27 days after the month ends. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.