Japanese Retail Sales MoM (Dec) M/M -2.0% (Prev. 0.6%)
Newsquawk Staff ·
Japanese Retail Sales MoM (Dec) M/M -2.0% (Prev. 0.6%)
What it means
Japanese retail sales fell sharply by -2.0% in December, a significant decline from the previous month's growth of 0.6%. This surprising drop may indicate weakening consumer spending, which could have implications for Japan's economic outlook and monetary policy, potentially affecting the yen and related asset classes.
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