Japanese Retail Sales Rise 1.9% in July, Beating Estimates

Japan’s retail sector strengthened in July for a ninth straight month, adding further evidence that consumer spending is gradually recovering. Retail sales rose at an annualized 1.9% in July, following a revised 2.2% gain the previous month, the Ministry of Economy, Trade and Industry reported We...

Japanese Retail Sales Rise 1.9% in July, Beating Estimates