Japan Sep retail sales fall 8.7% y-o-y as shopping appetite remains subdued

Japanese retail sales fell 8.7% in September from a year earlier, down for a seventh straight month, government data showed, as the coronavirus pandemic kept a lid on consumers' shopping appetite

TOKYO (Reuters) - Japanese retail sales fell 8.7% in September from a year earlier, down for a seventh straight month, government data showed on Thursday, as the coronavirus pandemic kept a lid on consumers' shopping appetite.

That compared with a median market forecast for a 7.7% drop.

 

(Reporting by Yoshifumi Takemoto, writing by Kaori Kaneko; Editing by Chang-Ran Kim)