Japan April supermarket sales -1.2% vs -0.1% y/y prior

Latest data from the Japan Chain Stores Association - 22 May 2018

Slight delay in the data release by the source. This reading generally tracks the resale of new/used goods to the public, for household consumption.

A further dip in a general reading of consumption data, not exactly a bright start - even for a proxy indicator - of consumption patterns for Q2.

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