Retail Trade Sees a Slight Decline

In December, Japan experienced a 0.7% decrease in retail trade compared to the previous month, totaling ¥16.1 trillion (~$104.4 billion), as reported by the Ministry of Economy, Trade and Industry.

Annual Sales Show Growth

Despite the monthly dip, the annual sales value saw a 3.7% increase, with the total value of commercial sales reaching ¥57.2 trillion. This growth was accompanied by a 3.6% rise in the volume of goods sold compared to December 2023.

Wholesale Industry on the Rise

The seasonally adjusted value of sales in the wholesale industry also grew, reaching ¥41 trillion, which represents a 3.5% increase year-on-year.