Monitor JN Retail Sales y/y to gauge consumer spending, a key driver of economic activity.
This is the main indicator of consumer spending, which represents the majority of overall economic activity.
What it Measures
It tracks the change in total retail sales value.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is favorable for the currency.
Source & Frequency
METI (latest release) - https://www.meti.go.jp/english/ • Data is released monthly, approximately 27 days after the month concludes.
How Data is Derived
N/A
Also Known As
Retail Trade
Acronym
N/A