TeleTrade - Analytics

    TeleTrade

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    Japan's Ministry of Economy, Trade and Industry released its retail sales figures for Japan on late Wednesday. Retail sales in Japan rose 5.0% in April, missing expectations for a 5.4% gain, after a 9.7% drop in March.

     

     

    The increase was driven by higher cars and electronics sales.

     

     

    Commercial sales climbed at an annual pace of 2.7% in April, while wholesale sales increased 1.8%.

     

     

    Sales from large retailers rose at an annual pace of 8.6% in April.


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