Retail Sales. Japan, 01:50 (GMT+2)

Retail Sales release is due at 01:50 (GMT+2) in Japan. It is predicted that the value will rise to 2.7% YoY in October from 2.2% YoY a month earlier. The indicator reflects the change in sales volumes in large retail stores. The growth rate indicates an increase in consumption and has a positive effect on the economy. The decline indicates an economic downturn and is a negative factor for the economy. A high value strengthens the JPY, while low one weakens it.

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