Retail Sales in Japan increased 0.40 percent in February of 2019 over the same month in the previous year. Retail Sales YoY in Japan averaged 4.56 percent from 1971 until 2019, reaching an all time high of 36.50 percent in January of 1979 and a record low of -14.30 percent in March of 1998.
Retail Sales YoY in Japan is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Japan to stand at 1.20 in 12 months time. In the long-term, the Japan Retail Sales is projected to trend around 0.90 percent in 2020, according to our econometric models.