Japan retail sales ease 0.1% in OctoberStaff Writer |
Asia A decline of 1.6 percent
Retail sales in Japan fell 0.1 percent on year in October, the Ministry of Economy, Trade and Industry said.
On a seasonally adjusted monthly basis, retail sales climbed 2.5 percent - also exceeding expectations for 1.1 percent and up from 0.3 percent in the previous month.
Sales from large retailers shed 1.0 percent on year, missing forecasts for a fall of 0.9 percent following the 3.2 percent tumble a month earlier. ■
What to read next