Skip to comments.Japan retail sales, household spending beat forecasts
Posted on 10/28/2013 6:37:11 PM PDT by TexGrillEdited on 10/28/2013 6:39:59 PM PDT by Admin Moderator. [history]
Japanese retail sales rose 3.1 percent from a year earlier in September, official data showed on Tuesday, a sign a personal spending is continuing to support the nation's economy.
The increase was much higher than the 1.9 percent rise analysts polled by Reuters were expecting, and marked a second straight month of gains. Spending on luxury goods, food and automobiles led the rise.
(Excerpt) Read more at cnbc.com ...
If you think we are printing money..the Japanese are showing us how it’s done. The amount of spending HAS to go up. I wonder if the units are going up as well?
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