Retail sales in Japan rose 4.6% in February, beating expectations

Retail sales in Japan rose 4.6% year-on-year in February, higher than the market's expected 3%.

In addition, industrial production in February fell by 0.1% month-on-month, while the market had originally expected an increase of 1.4%. A survey by the Ministry of Economy, Trade and Industry of manufacturers shows that it is expected that industrial production after seasonal adjustment in March will increase by 4.9%, and increase by 3.3% in April.

As for the seasonally adjusted unemployment rate in Japan rose to 2.6% in February, higher than that in January and the market's expected 2.4%. The ratio of job seekers to job openings fell from 1.27 in January to 1.26, and the expectation is 1.27.

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