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Japan October Retail Sales Fall 1.2 Percent On-Year

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Published: Wednesday, 28 Nov 2012 | 7:00 PM ET

Japanese retail sales fell 1.2 percent in October from a year earlier, government data showed on Thursday, adding to mounting evidence that the economy has fallen into a mild recession.

B. Tanaka | Photographer's Choice | Getty Images

The fall compared with a median estimate for a 0.7 percent annual decline, according to a Reuters poll.

Compared to the previous month, retail sales rose 0.7 percent, the data showed.

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Japanese retail sales fell 1.2 percent in October from a year earlier, government data showed on Thursday, adding to mounting evidence that the economy has fallen into a mild recession.

   
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