Japan Retail Sales grew by just 2.1% YoY versus forecast 5.1%
Japanese Retail Sales, or Retail Trade as it’s referred to by the Japanese Ministry of Economy, Trade and Tourism came in well under expectations early Wednesday, with headline annualized Retail Sales for the year ended December growing by just 2.1% compared to the forecast 5.1%, falling even further back from the previous period’s 5.3%.