— Japan July Supermarket Sales -4.9% Y/Y Vs June -3.9%
— Supermarket Sales Post 5th Straight Drop on Low Temperatures
TOKYO (MNI) – Sales at supermarkets in Japan open for at least a
year fell 4.9% in July from a year earlier to Y1.060 trillion, posting
the fifth straight y/y drop after -3.9% in June, due to the cool start
to the summer, an industry group said on Wednesday.
Low temperatures in the first 10 days of the month dampened demand
for summer clothing and other seasonal goods while demand for summer
gifts in July was as firm as in the same month last year, the
association said.
The latest figures are based on the combined sales at 57
supermarket chains which together operate 7,838 outlets. The numbers
have been adjusted to facilitate comparisons on a same-store basis.
Including sales at stores newly opened during the past year,
revenues fell 5.6% in July after -4.7% in June.
tokyo@marketnews.com
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