Retail Sales in Japan increased 4.10 percent in January of 2026 over the previous month, reversing a 2.0% decline in December and marking the strongest pace since September 2019. 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 4.10 percent in January of 2026 over the previous month.

Retail Sales in Japan increased 4.10 percent in January of 2026 over the previous month. Retail Sales MoM in Japan is expected to be -0.80 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
2026-01-29 11:50 PM
Retail Sales MoM
Dec -2.0% 0.7% 0.3%
2026-02-26 11:50 PM
Retail Sales MoM
Jan 4.1% -2.0% 1.5%
2026-03-30 11:50 PM
Retail Sales MoM
Feb 4.1%


Related Last Previous Unit Reference
Bank Lending Rate 2.90 2.75 percent Feb 2026
Consumer Confidence 40.00 37.90 points Feb 2026
Consumer Credit 57202.60 56452.60 JPY Billion Sep 2025
GDP Private Consumption 309442.20 309116.20 JPY Billion Dec 2025
Disposable Personal Income 432.71 1010.41 JPY Thousand Jan 2026
Gasoline Prices 1.01 1.02 USD/Liter Feb 2026
Household Spending YoY -1.00 -2.60 percent Jan 2026
Household Spending MoM -2.50 -2.20 percent Jan 2026
Households Debt to GDP 64.00 64.50 percent of GDP Jun 2025
Personal Savings 0.40 0.40 percent Sep 2025
Retail Sales MoM 4.10 -2.00 percent Jan 2026
Retail Sales YoY 1.80 -0.90 percent Jan 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
4.10 -2.00 11.60 -13.70 1992 - 2026 percent Monthly
2020 = 100, SA