Economic Buzz: Japan retail sales rise 1.8% on year in January
On a seasonally adjusted monthly basis, retail sales jumped 4.1 percent.
Large scale retail sales rose 4.1 percent on month and 3.0 percent on year after slipping 2.0 percent on month and rising 1.0 percent on year in December.
Commercial sales were up 5.0 percent on month and 1.3 percent on year at 50.287 trillion yen. Wholesale sales jumped 6.2 percent on month and 1.1 percent on year at 37.333 trillion yen.
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