Japan August 2025 Retail Sales Data: Unexpected Decline
On September 30, 2025, Japan’s Ministry of Economy, Trade and Industry (METI) released the seasonally adjusted retail sales month-over-month data for August. The actual reading was -1.1%, compared to a forecast of 1.2% and a previous figure of -1.60%.Definition: Retail sales measure the total value of goods sold by establishments primarily engaged in retail trade, excluding the service sector, based on cash or credit transactions. In terms of market impact, a reading above the forecast is typically considered positive for the Japanese yen.This indicator has a significance level of 2. The data is compiled by analyzing changes in the total value of sales in the retail sector on a monthly basis. It is released monthly, with the next publication scheduled for October 31, 2025.
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