Japan's Sept retail sales show strength in consumer spending

Tokyo

JAPAN'S retail sales rose in September at the fastest pace in three months as shoppers spent more on clothes and daily goods in a sign that consumer spending remains strong due to a tight labour market.

The 2.2 per cent annual increase in retail sales in September was less than the median estimate for a 2.5 per cent annual increase and follows a revised 1.8 per cent annual increase in August.