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Retailers in Japan Sell More Than Antipicated |
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Asian Economy |
Written by CEP News |
Aug 29 08 01:12 GMT |
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(CEP News) - Japanese retail trade rose 1.9% compared to expectations for a 1.3% increase and higher than June's 0.3% gain, according to figures from the Ministry of Economy, Trade and Industry in Tokyo.
On a monthly basis sales came in flat in July, despite forecasts for a 0.1% decrease sales Annual wholesale trade increased 10.9 month-over-month in July following a 5.0% increase in June. The report also says that large retailers sales decreased 0.7% on the year despite expectations for a 1.4% decrease and the previous reading of -3.9%. By Megan Ainscow.
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