Yearly, industrial output dropped by 0.7% in December, slowing from a 1.4% decline in November.
Retail sales in Japan rose 2.1% year-on-year in December 2023, slowing from a 5.4% gain in November and missing market expectations for a 4.7% growth, marking the 22nd consecutive month of expansion in retail sales as consumption continued to recover from the pandemic-induced slump.
On a monthly basis, retail sales declined by 2.9% in December, reversing from a 1% rise in November.
#Japans #industrial #output #rises #retail #sales #forecast #December
