Sales at major supermarkets across Japan rose for the fifth straight month in July. That's partly due to the higher price of food products and strong clothing sales.
The Japan Chain Stores Association says total sales stood at 1.16 trillion yen or about 8 billion dollars. That's up 4.9 percent from a year earlier.
Clothing rose 8.6 percent, led by demand for summer items due to the long hot days while food products were up 4.8 percent.
The association says sales continue to rise but the number of actual items that were sold is still lower year-on-year and concerns over consumption remain in light of rising prices.
The Japan Chain Stores Association says total sales stood at 1.16 trillion yen or about 8 billion dollars. That's up 4.9 percent from a year earlier.
Clothing rose 8.6 percent, led by demand for summer items due to the long hot days while food products were up 4.8 percent.
The association says sales continue to rise but the number of actual items that were sold is still lower year-on-year and concerns over consumption remain in light of rising prices.
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Summary
Sales at Japanese supermarkets increased by 4.9% in July, marking the fifth consecutive monthly rise. This growth was driven by higher food product prices and strong clothing sales, with clothing sales up 8.6% and food products up 4.8%. The total sales amounted to 1.16 trillion yen (approximately
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ID: 68b1d398-908f-4ee7-a0a1-b16edd7044d9
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20230824_48/
Date: Aug. 24, 2023
Created: 2023/08/25 07:28
Updated: 2025/12/09 00:38
Last Read: 2023/08/25 07:36