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

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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

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