{"id":768302,"date":"2026-06-29T06:40:16","date_gmt":"2026-06-29T06:40:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/768302\/"},"modified":"2026-06-29T06:40:16","modified_gmt":"2026-06-29T06:40:16","slug":"japans-retail-sales-rise-for-third-month-on-wage-gains-and-subsidies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/768302\/","title":{"rendered":"Japan\u2019s retail sales rise for third month on wage gains and subsidies"},"content":{"rendered":"<p>Japan\u2019s retail sales rose for a third month in May, powered by strong wage gains and government subsidies to ease the cost of living.<\/p>\n<p>Sales increased 1.9% after an upwardly revised gain in April, the economy ministry reported on Monday. The figure exceeded all estimates in a Bloomberg survey of economists. From a year earlier, sales rose 5.3%, compared with the consensus forecast of a 3% gain. The figures are not adjusted for inflation.<\/p>\n<p>The broad advance was led by sales of vehicles, pharmaceuticals and cosmetics. Sales at department stores also climbed strongly from a year earlier, likely helped by robust tourist spending. Sales of seasonal appliances such as air conditioning nearly doubled from a year earlier, suggesting consumers rushed to beat an upcoming government policy that will tighten efficiency standards and ban models that don\u2019t meet the new requirements.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan\u2019s retail sales rose for a third month in May, powered by strong wage gains and government subsidies&hellip;\n","protected":false},"author":2,"featured_media":768303,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,13235,10423,46,17415,26691],"class_list":["post-768302","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-consumer-spending","tag-economic-indicators","tag-economy","tag-japanese-economy","tag-retailers"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/768302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=768302"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/768302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/768303"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=768302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=768302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=768302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}