Japan Mar Retail Sales +4.7% Y/Y, Biggest Rise In 13 Years

– Japan Retail Sales Post 3rd Straight Y/Y Rise; Feb +4.2%
– Japan Mar Retail Auto Sales +19.6% Y/Y Vs Feb Revised +14.8%
– Japan Mar Retail Sales Also Pushed Up By Higher Fuel Prices

TOKYO (MNI) – Japanese retail sales surged 4.7% in March from a year earlier, posting the largest year-on-year gain in 13 years, data from the Ministry of Economy, Trade and Industry released on Wednesday showed.

It was the third straight year-on-year increase after an unrevised rise of 4.2% in February. (more…)

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