Japan Retail Sales YoY
Japan's retail sales fell by 1.1% in August 2025. This followed a 0.4% increase in July 2025. This marks the lowest point since August 2021. The decline shows weak consumer spending. Sticky inflation, economic uncertainty and heat waves affecting clothing demand contributed to the slowdown. Japan's record low retail sales was -13.9% in April 2020 and record high was 11.9% in April 2021.
Monthly Historical Data (2015-2025)
(in %)Recent Events
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Japan Retail Sales YoY : Definition
Japan retail sales measure the total value of goods sold in retail outlets. It reflects consumer spending, a key economic indicator. The calculation sums sales across various retail categories including department stores and convenience stores.