Retail Sales in Japan increased 1.90 percent in May of 2026 over the previous month, easing from an upwardly revised 2.1% gain in April, which was the fastest increase in four months. Retail Sales MoM in Japan averaged 0.05 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 1.90 percent in May of 2026 over the previous month.

Retail Sales in Japan increased 1.90 percent in May 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
2026-05-28 11:50 PM
Retail Sales MoM
Apr 1.3% 1.0% -0.5%
2026-06-28 11:50 PM
Retail Sales MoM
May 1.9% 2.1% 0.7%
2026-07-30 11:50 PM
Retail Sales MoM
Jun 1.9%


Related Last Previous Unit Reference
Bank Lending Rate 3.15 3.05 percent Jun 2026
Consumer Confidence 33.80 33.60 points Jun 2026
Consumer Credit 62267.10 60712.00 JPY Billion Mar 2026
GDP Private Consumption 310270.50 309199.80 JPY Billion Mar 2026
Disposable Personal Income 410.71 493.68 JPY Thousand May 2026
Gasoline Prices 1.05 1.06 USD/Liter Jun 2026
Household Spending YoY -0.40 -0.50 percent May 2026
Household Spending MoM 3.70 1.60 percent May 2026
Households Debt to GDP 61.10 61.10 percent of GDP Dec 2025
Personal Savings 3.90 0.00 percent Dec 2025
Retail Sales MoM 1.90 2.10 percent May 2026
Retail Sales YoY 5.30 2.80 percent May 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
1.90 2.10 11.60 -13.70 1992 - 2026 percent Monthly
2020 = 100, SA