Japan retail sales rose 1.3% mom, 5.7% yoy, beat expectations

<p>In the latest release from Japan, retail sales rose 1.3% mom, surpassing the anticipated increase of 0.8% mom. This growth also reflects a robust 5.7% yoy rise, again beating expectations of 5.2% year-on-year. While inflation remaining above 3% mark could have been a contributing factor in boosting retail sales, there is evidence to suggest that […]</p>
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