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.%
1.1168
0.0005
0.0417%
1.2725
-0.0012
0.0962%
14.468
0.051
0.350%
63.182
0.501
0.799%
71.97
-0.24
0.33%
1277.595
-0.170
0.013%
 
 
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