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
 "Japan economy")
An employee working at a retail store in Japan. Photo: Reuters
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)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Topics : Coronavirus Japan Global economy
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First Published: Oct 29 2020 | 10:02 AM IST