Economic Buzz: Japan retail sales up 0.5% in September

Japan's retail sales rose by 0.5% on a monthly basis to land at ?12.6 trillion (~$82 billion), according to a report released on Friday by the country's Ministry of Economy, Trade and Industry.

The figure decreased by 0.3% on an annual basis. Commercial sales went up by 1.8% year-on-year, while also reducing by 0.5% on a monthly basis.

Meanwhile, the seasonally adjusted value of sales in the wholesale industry was flat compared to the previous month. The figure rose by 2.1% year-on-year.

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