Japanese retail sales rise as industrial production declines

2019-04-26 08:34:07 GMT (Economies.com)
Japanese retail sales rise as industrial production declines

The Japanese economy released the seasonally adjusted preliminary retail sales reading, which showed a slowdown in growth to 0.2% from 1.4% in February, beating expectations for stability at zero levels, while the annual reading of the same index showed an accelerated growth to 1.0% versus 0.6% in February, also beating expectations that accelerated growth to 0.8%.

 

This came in conjunction with the release of the preliminary reading of the industrial production of the third largest industrial world, which showed a decline of 0.9% compared to a rise of 0.7% in February, worse than expectations, which indicated a slowdown of growth to 0.1%, while the annual reading of the same index showed a widened decline to 4.6 Versus 1.1% in February reading, also worse than the expectations of a 3.8% decline.

 
 
 
  Symbol Last Change Chg.%
1.1231
-0.0042
0.3743%
1.2463
-0.0112
0.8918%
16.075
0.857
5.633%
56.917
-3.415
5.660%
63.90
0.24
0.38%
1421.060
5.565
0.393%
 
 
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