Japan’s supermarket sales slump 5.3% on year in May

Full story: english.people.com.cn

According to the industry body, sales at stores open for a year or more fell 5.3 percent on year in May, with sales in the recording month totaling 1.02 trillion yen (11.2 billion U.S. dollars), marking an 18th successive month of year-on-year decline.

May’s figures follow a 4.9 percent slump recorded in April.

Sales at supermarket chains, including ones that have been opened for less than a year, fell 6.2 percent in May from a year earlier, according to JCSA, marking the 30th successive month of decline.

Along with economic factors, the association attributed inclement weather in the middle of the recording month as also negatively impacting consumers’ desire to spend.

JCSA compile their figures based on the combined sales at 62 supermarket chains which together operate 7,852 outlets.

The numbers have been adjusted to facilitate comparisons on a same-store basis.


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