JPN Retail Sales Decline Slows in April Japanese retail sales fell 2.9% in April compared to April of last year. That figure was better than forecast, but still reflects weakness in household spending as unemployment increases. It was the 8th straight month that sales were down. AUS Business Capital Spending Falls 8.9% in 1st Quarter In Australia, capital spending by businesses fell 8.9% in the 1st quarter compared to a 7.3% increase in the 4th quarter. The decline was larger than expected and
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