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30.07.202623:50:00UTC+00Japan’s Large Retailers Suffer Sharp June Sales Slump, Reversing May Gains

Japan’s large retailers saw a steep drop in sales in June 2026, with the key indicator falling to -4.1% month-over-month, according to data updated on 30 July 2026. The decline marks a sharp reversal from May 2026, when sales had risen by 1.7% compared with the previous month.

The data, which compare each month’s performance to the immediately preceding month, indicate that the tentative momentum seen in May has not been sustained. Instead, June’s negative reading suggests a weakening in consumer spending at major retail chains, raising concerns about the resilience of domestic demand in the early summer period.

Market participants and policymakers are likely to scrutinize upcoming data to determine whether June’s drop reflects a temporary correction after May’s gains, or the beginning of a more persistent slowdown in Japan’s retail sector.

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