japan retail sales post first rise since quake
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Japan retail sales post first rise since quake

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleJapan retail sales post first rise since quake

Tokyo - AFP

Japan\'s retail sales rose in June, marking the first gain since a devastating March earthquake and tsunami in a further signal of recovery in the world\'s third-biggest economy, data showed Thursday. Sales rose by 1.1 percent on-year, lifted by purchases of machines, appliances and electronic equipment, the Ministry of Economy, Trade and Industry said. Sales of household appliances and electronic products jumped 15.2 percent, driven in part by the rush of consumers to change to digital TV before the July 24 end of analogue broadcasting in Japan. Apparel sales were also up 4.1 percent, as were food and beverage sales, which increased 3.2 percent. However, automobile sales were down 17.3 percent, with consumers deferring purchases and automaker production levels still recovering after post-quake power and parts supply shortages. Japan adopted a mentality of self-restraint in the aftermath of the March 11 earthquake and tsunami, which ravaged the northeast coast and left 20,000 dead or missing as well as crippling a nuclear power plant, triggering the worst atomic crisis since Chernobyl 25 years ago. Convenience stores saw sales of items such as bottled water spike in the aftermath but consumers held off on non-essential purchases, entertainment and travel. Retail sales fell 8.3 percent in March and 4.8 percent in April, before the decline slowed to a 1.3 percent fall in May. The drop in consumption helped push the economy back into recession in the first quarter of 2011. Economists see reconstruction spending in the second half help the economy rebound, however.

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japan retail sales post first rise since quake japan retail sales post first rise since quake

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 14:15 2017 Thursday ,31 August

Mohamed bin Zayed receives HCT delegation

GMT 07:29 2017 Thursday ,23 February

Kohli issues Starc warning to India's batsmen in Pune

GMT 09:38 2017 Friday ,11 August

At least 36 killed in China bus crash

GMT 06:36 2018 Wednesday ,24 January

World powers step up pressure on Syria, Russia

GMT 21:36 2011 Thursday ,12 May

Euro steadies against dollar

GMT 20:12 2011 Tuesday ,10 May

Qatar exchange up 1.42 %

GMT 08:37 2016 Thursday ,08 September

By alleged toxic bomb attacks in Aleppo

GMT 19:18 2011 Wednesday ,09 February

RiRi - love the way you smell

GMT 22:55 2017 Wednesday ,04 October

Trump says he has 'total confidence' in Tillerson

GMT 10:54 2015 Monday ,23 March

Simple chocolate button egg

GMT 16:37 2015 Saturday ,23 May

Classic lasagne

GMT 19:08 2017 Wednesday ,01 November

Libya coastguard rescues nearly 300 migrants at sea

GMT 04:42 2017 Wednesday ,30 August

Saudi Arabia says ready to welcome

GMT 13:01 2017 Thursday ,30 November

Streaking Cavs survive James' first career ejection
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle