
The value of items sold at small convenience stores, based on a monthly industry survey. Japanese consumers spend a significant portion of their income at the more than forty thousand convenience stores in the country. In fact Japan has one of the highest convenience store per capita rates in the industrialized world. Even though a significant portion of Japan 's economy depends on global demand for exports, domestic consumption is still very important. Convenience Store Sales give good insight into developments in overall Japanese consumer spending because of the Japanese consumer's reliance on convenience stores to supply everyday necessities. As with most indicators of consumer spending, rapid growth in Convenience Store Sales signals mounting inflationary pressures.
The headline value is the percentage change in store sales from the previous year's sales.
Relevance :
Moderate market impact
Release schedule : 7:00 (GMT); monthly, at the end of the following month.
Revisions schedule : None
Source of report: The Japan Franchise Association
Web Address : http://jfa.jfa-fc.or.jp/about_jfa_English.html
Address of release : No English version; please refer to a timely source for current financial news in Japan for most recent release
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