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

Retail Sales release is due at 01:50 (GMT+2) in Japan. In November, the value is expected to drop to 2.2% from 3.5% 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 speaks of a downturn in the economy and is a negative factor for it. A high value of the index strengthens JPY, as low one weakens the currency.

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