What happened
Actual -0.7% came in. Previous was -0.9%, now higher than that.
What it means
How much people spent in stores and online. Consumer spending is a big part of most countries' economies.
High impact · 🇯🇵 JPY · Latest releaseGuide
Japan Retail Sales MoM
Released · Sep
Actual-0.7%
Forecast—
Previous-0.9%
Next release
All times are shown in your own time zone.
What is this news
Retail Sales shows how much people spent at shops and online last month. Released by Ministry of Economy Trade and Industry (METI). This comes every month.
How important it is
Consumer spending is the biggest part of most economies, so this is a key sign of growth. This is a High impact event on FxGram: JPY pairs often see sharp moves at this time.
What this data does
Generally, if retail sales come in above forecast, spending is considered strong and this is seen as a good sign for the currency; if lower, the opposite.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
Previous releases
| Date | Actual | Forecast | Previous |
|---|---|---|---|
| Sep | -0.7% | — | -0.9% |
| Aug | -1.2% | — | 2.1% |
| Jul | 2.4% | — | -3.9% |
| Jun | -4.1% | — | 1.7% |
| May | 1.9% | — | 2.1% |
| Apr | 1.3% | — | 1% |
| Mar | 1.3% | — | -2% |
| Feb | -2% | — | 3% |
| Jan | 4.1% | — | -2% |
| Dec | -2% | — | 0.7% |
| Nov | 0.6% | — | 1.6% |
| Oct | 1.6% | — | 0% |
| Sep | 0.3% | — | -0.9% |
| Aug | -1.1% | — | -1.6% |
| Jul | -1.6% | — | 0.9% |
Data: Ministry of Economy Trade and Industry (METI), via TradingView economic calendar.
See full calendar