Saturday, December 31, 2011

Japan retail sales down yoy in November

RBR Staff Writer
Published 28 December 2011

Japanese retail sales decreased by 2.3% to JPY10.94tn ($140.6bn) year-on-year in November, according to the Ministry of Economy, Trade and Industry.

On a monthly basis, retail sales fell by 2.1% in November after an increase of 1.4% in October and fall of 1.4% in September.

Year-on-year, sales from large-scale retailers slipped 2.5% to JPY1.637tn ($21.03bn) after falling 1.4% in the previous month.

Commercial sales lost 2.5% on year to JPY41.703tn ($535.96bn). Wholesale sales fell an annual 2.6% to JPY30.762tn ($395.35bn).

Source: http://markets.retail-business-review.com/news/japan-retail-sales-down-yoy-in-november-281211

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