Financial Times FT.com

‘Warm Biz’ fails to spur Japan spending

By David Turner in Tokyo

Published: November 28 2005 05:00 | Last updated: November 28 2005 11:49

Japanese retail sales fell last month, casting fresh doubts on the strength of the country’s consumer recovery.

Retail spending in October was down 0.3 per cent year-on-year, hit by a 3.5 per cent drop in clothing purchases and weak food sales.

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