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    Home»News»Japan’s retail sales rise 2.3% Y/Y; industrial production down 7.5% M/M in January
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    Japan’s retail sales rise 2.3% Y/Y; industrial production down 7.5% M/M in January

    Press RoomBy Press RoomFebruary 29, 2024No Comments1 Min Read
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    Global epidemics and economic impact

    Ca-ssis/iStock via Getty Images

    Retail sales in Japan rose 2.3% Y/Y in January 2024, slowing from an upwardly revised 2.4% gain in December and matching the consensus forecast.

    Industrial production declined by 7.5% M/M in January 2024, worse than market forecasts of a 7.3% fall and swinging from a 1.4% growth a month earlier.

    Housing starts declined by 7.5% Y/Y in January 2024, much steeper than a 4.0 percent fall in the prior month and compared with market forecasts of a 7.7% plunge.

    ETFs: (JEQ), (EWJ), (DXJ), (FXY).

    Currency: (USD:JPY)

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