Retail sales in Japan rose by 2.4% month-over-month in July 2026, recovering from a downwardly revised 3.9% decline in the previous month, which was the steepest drop since April 2021. Retail Sales MoM in Japan averaged 0.04 percent from 1992 until 2026, reaching an all time high of 11.60 percent in June of 2020 and a record low of -13.70 percent in April of 1997. source: Ministry of Economy Trade & Industry (METI)

Retail Sales in Japan increased 2.40 percent in July of 2026 over the previous month.

Retail Sales in Japan increased 2.40 percent in July of 2026 over the previous month. Retail Sales MoM in Japan is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Retail Sales MoM is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-30 11:50 PM
Retail Sales MoM
Jun -4.1% 1.7% -0.5%
2026-08-30 11:50 PM
Retail Sales MoM
Jul 2.4% -3.9% 3.1%
2026-09-29 11:50 PM
Retail Sales MoM
Aug 2.4%


Related Last Previous Unit Reference
Bank Lending Rate 3.25 3.15 percent Aug 2026
Consumer Confidence 35.50 34.90 points Aug 2026
Consumer Credit 62267.10 60712.00 JPY Billion Mar 2026
GDP Private Consumption 310766.30 310743.10 JPY Billion Jun 2026
Disposable Personal Income 554.38 810.64 JPY Thousand Jul 2026
Gasoline Prices 1.07 1.04 USD/Liter Aug 2026
Household Spending YoY -3.60 -3.30 percent Jul 2026
Household Spending MoM 0.50 -6.40 percent Jul 2026
Households Debt to GDP 60.80 60.80 percent of GDP Mar 2026
Personal Savings -5.90 4.20 percent Mar 2026
Retail Sales MoM 2.40 -3.90 percent Jul 2026
Retail Sales YoY 4.00 0.60 percent Jul 2026


Japan Retail Sales MoM
In Japan, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Japan, Retail sales are seasonal, volatile and relatively important to the overall economy.
Actual Previous Highest Lowest Dates Unit Frequency
2.40 -3.90 11.60 -13.70 1992 - 2026 percent Monthly
2020 = 100, SA