Japan's retail sales down

Note: This section contains information in English only.
Source: Bloomberg

Retail sales in Japan fell more than expected in June, pressuring Shinzo Abe to create a heavier taxation on consumers in order to reflate the economy. Sales declined 0.6% from the previous year, opposed to the forecast of 0.5%. In the second quarter, sales went down 7% from the last three months.

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Tue, 29 Jul 2014 10:14:14 GMT

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