Japan April Retail Sales Up 12% Year-on-Year... Expected 15.3% (1st Report)
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[Asia Economy Reporter Kim Suhwan] Japan's Ministry of Economy, Trade and Industry announced on the 31st that retail sales in April increased by 12.0% compared to the previous year.
This figure fell short of the expected 15.3%.
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Additionally, the Ministry stated that industrial production in April rose by 2.5% compared to the previous month. This was below the expected 3.9%.
This content was produced with the assistance of AI translation services.
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