Japan June retail sales rise 3.2 pct year/year @ Forex Factory

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Japan June retail sales rise 3.2 pct year/year

Japanese retail sales rose 3.2 percent in June from a year earlier, matching a median market forecast, government data showed on Thursday. It was the sixth straight month of annual rises, but the pace of climbs may be losing momentum from a nearly 5 percent annual gain in April, in a sign that effects from government stimulus steps to boost purchases of consumer durable goods are beginning to fade. Full Story

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Submitted Jul 28, 2010 8:05pm

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