FX.co ★ Japan’s Large Retailers See Sharp August Sales Reversal, Falling 1.2% MoM

Sales at Japan’s large retailers declined in August 2026, dropping 1.2% month-over-month, according to data updated on 29 September 2026. The move marks a sharp reversal from July 2026, when sales had risen by 2.4% compared with the previous month.

The figures, measured on a month-over-month basis, show that momentum in Japan’s large-scale retail sector weakened notably as summer progressed. While July’s increase suggested a short-term boost in consumer spending, August’s negative reading indicates that the sector has lost ground versus the prior month, underscoring renewed headwinds for retail activity.