Retail in Asia

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Japan’s retail sales up 0.8pc in May

Japan’s core consumer prices for May were unchanged from a year earlier, marking the first time in seven months that prices have stopped falling, while industrial output surged past forecasts, data showed on Friday.

The consumer price index (CPI) for the month came in flat, following a 0.4 percent year on year decline in April.

Retail sales rose 0.8 percent in May from the year before, compared to a revised 0.2 percent decline in April.
 

 

(Source: CNBC)