Large Retailer Sales

The Large Retailer Sales data, released by the Ministry of Economy, Trade and Industry on a monthly basis, measures the total value of goods sold by large retailers in Japan. Changes in Retail Sales are widely followed as an indicator of consumer spending. Percent changes reflect the rate of change in such sales. Generally, a high reading is seen as bullish for the Japanese Yen (JPY), while a low reading is seen as bearish.