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Japan Retail Sales YoY
Last Release
Oct 31, 2024
Actual
1.6
Units In
%
Previous
0.7
Frequency
Monthly
Next Release
Dec 27, 2024
Time to Release
28 Days 3 Hours
Highest | Lowest | Average | Date Range | Source |
36.5 Jan 1979 | -14.3 Mar 1998 | 4.25 % | 1971-2024 | N/A |
In Japan, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.
Latest Updates
Retail sales in Japan rose by 1.6% year-on-year in October 2024, up from a revised 0.7% gain in September. However, this was below market expectations of a 2.2% increase. Despite the miss, October marked the 31st consecutive month of retail sales growth. Sales surged in categories such as automobiles (7.8%), machinery & equipment (4.8%), non-store retailers (4%), fuel (3.1%), and pharmaceuticals & cosmetics (1.8%). Conversely, sales declined in department stores (-3.9%), textiles, clothing & personal goods (-1.9%), and food & beverage (-0.3%). On a monthly basis, retail sales grew by 0.1% in October, a rebound from the 2.3% decline in September.
Japan Retail Sales YoY History
Last 12 readings