Retail sales in Japan advance worse than predicted

Source: RTT News
Japanese retail sales increased 2.6% in December of the last year on the annual basis, while economists forecasted the indicator to pick up 3.9% after a positively revised 4.1% rise in November. However, sales among large retailers added only 0.1% annually. Month on month, sales surged 0.8% after a 2% jump a month ago. Analysts predicted them to show an advance of only 0.3%.
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