UNIQLO Sales Decreased 9.4% In August Compared With The Same Period Last Year.
Japan's Ministry of economy and industry announced August
retail
Sales fell 2.6%, the first decline in March, exceeding economists' expectations, the biggest decline in May, further indicating that Japan's economic recovery is losing momentum.
Data show that Japan's retail sales in August
Sale
The annual decline was 2.6%, the biggest decline since May, while Japan's retail sales fell 1.3% in May.
Economists surveyed were expected to fall by 0.8%.
FastRetailingCo., the largest clothing chain in Asia, said its store sales in Japan in August were 9.4% lower than the same period last year, due to lower temperatures.
cause
Summer clothing sales are not smooth.
As of June, there were third consecutive Japanese economies.
quarter
Atrophy.
According to the government's survey of economists, it is estimated that Japan's economy will grow at an annual rate of 4.6% in the third quarter.
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