Retail Sales in Japan

Japan Retail Sales | Economic News & Forecasts

Japan - Retail Sales

The economy likely rebounded in the fourth quarter following the third quarter’s dismal performance when a series of natural disasters severely disrupted economic activity. Industrial production was much stronger in October and November than the Q3 average, mainly due to solid domestic demand. Moreover, the unemployment rate likely remained at low levels in Q4, supporting private consumption. Looking forward, however, economic activity appears to be losing steam. The manufacturing PMI stalled in January, with new export orders dipping further as external demand started to falter. Moreover, Keidanren, Japan’s largest business organization, has not called for wage hikes this year as it did in 2018. This could compromise Prime Minister Shinzo Abe’s strategy of pinning hopes on strong consumption in order to ensure Japan doesn’t reexperience deflation.

Japan - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)1.0  1.7  -0.4  -0.6  1.9  

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Japan Retail Sales Chart

Japan Retail
Note: Annual variation of retail sales in %.
Source: Ministry of Economy, Trade and Industry and Met the why particular calculations.

Japan Facts

Bond Yield0.01-4.41 %Jan 30
Exchange Rate119.0-0.35 %Jan 30
Stock Market20,5570.11 %Jan 30

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