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Japan retail sales down more than expected; govt to review data reliability

Retail sales in Japan have declined for six consecutive months, and data released by the government on Thursday showed that the latest monthly drop, in August, was by 2.1 per cent compared with market predictions of around 1.8 per cent.


NEWS on Thursday that retail sales in Japan fell by a larger than expected margin in August compared with the previous month appeared to signal further problems for Prime Minister Shinzo Abe's Abenomics policies. But it coincided with reports that the government is reviewing the...

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