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Japan’s retail sales rebound in Oct, IP misses estimates

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Japan’s total retail volumes rebounded 1.8% y/y in Oct, the Ministry of Economy, Trade and Industry said on Monday. Market expected an increase of 0.9% following the 0.1% decline in September.

    While on monthly basis, retail trades were up 1.1% in October, against a 0.7% increase in Sept.

    Separately, the Japanese industrial production climbed 1.4% m/m in Oct, less than a 1.8% rise expected. Last month, the industrial figures jumped 1.1%, having positively surprised markets.

    On yearly basis, industrial output fell 1.4% (-0.9% expectations), marking third consecutive decline.
    For more information, read our latest forex news.

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