Retail sales in Japan plunged in May. Data released by the Ministry of economy, trade and industry of Japan today (28/6) showed overall retail sales were down 1.3 percent compared to last year.
A decrease in sales of automotive 24,4 per cent was the biggest contributor to the overall decline in retail sales.
The data also show the details of the sale of large-scale retailers fell 2.4 percent compared to last year.
Retail sales in Japan plunged in May. Data released by the Ministry of economy, trade and industry of Japan today (28/6) showed overall retail sales were down 1.3 percent compared to last year.