Japan retail sales expand in December

Note: This section contains information in English only.
Source: Bloomberg
Japanese retail sales expanded at the quickest pace since 2010, said Trade ministry. Nation's retail sales added annual 2.5% in December 2011, posting the biggest gain since August 2010 and signalling the consumers may start to recover from the earthquake. Economists questioned by Bloomberg previously predicted an increase of 2.1%. Clothes and food contributed most to the increase in Japan's retail sales. 
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