Retail Sales in Japan were unchanged in June 2019, following a 0.4 percent advance in the previous month and missing market expectations of a 0.8 percent growth. Retail Sales MoM in Japan averaged 0 percent from 1992 until 2019, reaching an all time high of 8.30 percent in March of 2014 and a record low of -13.70 percent in April of 1997.
Retail Sales MoM in Japan is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Japan to stand at 0.50 in 12 months time. In the long-term, the Japan Retail Sales MoM is projected to trend around 1.20 percent in 2020, according to our econometric models.