Retail sales in Japan plunged a seasonally adjusted 14.4 percent on month in October, the Ministry of Economy, Trade and Industry said on Thursday.
That missed expectations for a decline of 10.4 percent following the 7.2 percent increase in September.
On a yearly basis, retail sales sank 7.1 percent - also missing forecasts for a drop of 3.8 percent following the 9.2 percent jump in the previous month.
Large retailer sales dropped 8.2 percent versus expectations for a decline of 7.1 percent following the 10.0 percent spike a month earlier.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2147213/
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