✉news BusinessRetail first seen 15 h ago, last 8 h ago, peak #10
Japan retail sales rise 2.7% in August, sixth straight gain
Original: JAPAN AUG RETAIL SALES +2.7% Y/Y (JULY REVISED TO +3.7% FROM +4.0%); 6TH STRAIGHT RISE; MEDIAN FORECAST +2.7% (RANGE: +1.2% TO +3.7%)
Japan's retail sales rose 2.7% year-on-year in August, marking the sixth consecutive monthly increase and matching the median forecast. July's figure was revised down to 3.7% from an initially reported 4.0%. The steady run of gains points to continued resilience in consumer spending, with forecasts for the month ranging from 1.2% to 3.7%.
Why now: Markets and economists are tracking Japan's consumption data for signals about the economy's strength and the Bank of Japan's policy outlook.
Rank over time, top of the chart is #1. 6 snapshots from 15 h ago to 8 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/420267