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Japan retail sales, household spending beat forecasts
CNBC ^ | 10/28/2013 | CNBC

Posted on 10/28/2013 6:37:11 PM PDT by TexGrill

Edited 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 ...


TOPICS: Business/Economy; Chit/Chat; Society; Travel
KEYWORDS: japaneconomy
Global business tip
1 posted on 10/28/2013 6:37:11 PM PDT by TexGrill
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To: TexGrill

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?


2 posted on 10/28/2013 8:15:40 PM PDT by Vermont Lt ( 1-800-318-2596, Mr President.)
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