Home / World News / Japan Sep retail sales fall 8.7% y-o-y as shopping appetite remains subdued

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

An employee working at a retail store in Japan. Photo: Reuters

1 min read Last Updated : Oct 29 2020 | 10:16 AM IST

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.)