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 Date :   Monday, September 06, 2010
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Japan September Overall Retail Sales -1.4% On Year
10/28/2009 8:50:41 AM (GMT+7)
Tue, Oct 27 2009, 23:57 GMT TOKYO (Dow Jones)--Japan's overall retail sales fell 1.4% in September from a year earlier, the government said Wednesday, as mounting concerns over the economy prompted consumers to hold off on spending.

The index, which isn't adjusted for inflation, declined on year for the 13th straight month in September, after falling 1.8% in August, data released by the Ministry of Economy, Trade and Industry showed.
Private spending has been sluggish in Japan and analysts expect it will remain so in the coming months. The government has shown it is willing to take measures to stimulate demand, but details of such measures are as yet unclear, stalling any revival of consumer confidence.
Sales at large-scale retailers fell 5.6% on year in September, after adjustment for the changes in the numbers of stores, marking the 18th straight month of decline.
From:http://www.fxstreet.com

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