The 'Retail Sales MoM' in Japan measures the monthly percentage change in the total value of sales at the retail level, reflecting consumer demand and spending trends. It is a crucial indicator of economic health, as consumer spending drives a significant portion of Japan's GDP. A higher-than-expected increase in retail sales can signal economic growth, potentially leading to stronger currency and stock market performance, while a decline may indicate economic slowdown. Given Japan's reliance on domestic consumption, this metric is closely watched by investors and policymakers.
The 'Retail Sales MoM' in Japan measures the monthly percentage change in the total value of sales at the retail level, reflecting consumer demand and spending trends. It is a crucial indicator of economic health, as consumer spending drives a significant portion of Japan's GDP. A higher-than-exp...