Retail sales saw better-than-expected increase in February

Please subscribe to IBJ to decode this article.

nnnercr ii ekdrire b ehFb.y tnStta a of eursrey va mplasylrwauoao s api cresrhe gi,aicidnnutohtsgeanpotpd,eg csi tueesn nlasrtdp tcl tleoetha rrrfret h

oaeWtbdeefy. irn-at,radJ%nesDel immpn xl %eouh .0virn atc ceRsyhCrFtr a pnebeoteieiaeerraeseatdr 0d lnur -ee1s n6etdaeic m adssae.ty, m

enipntBtccnirn saesnhnrci hi e bnlle bln'neo ont.te tsaeuns dea ddagawsfiihtir aseraec tsInerhawe a egpedr dnataer,leascaeerthm eitAn v tylznhaa oen o do soihcta ewcsai y 'd gmwa ttildi ve f wuerecildeiihd eh,ssr oy af satrlaspeqemg alune re

oyig2 pijfpo.ee4eo sath 4lna0psgh a c s2at e eth vsudsf eet nin o2 nannaTranmret artsgemuoddl$r e ed taGvficnroa s

hg iaflngl aet rlvool ao ne .y e orepreao adaaou gnehoeWawTfd .$resslf0ro nhi4 l eaaanoe .g r allTsialgt m6rrdwbetnte arah

tu.n oso retnd etbirhassal. a2glao%sh cmolte e 4lairdd.xciSlErh ecsri st1e siu lo oe,paaar y0esuvoeaatetrarsp %t Fnsildre

arpaA0% s oo.t,eho acn esocuanteesrolsrdrila rel era l grntoewa3 daase5lspnstcpicd uebhts.ai seiss e.0 ooeeressla%e tpln7otciea %nar2n rwaes2%ii sn hihwSopeea.lcel ntess d us Btae ectssn usi selrsnre tn .r

ett4 tt iTecein–s lsfsiyseseuotad o–rhs lynanr oranaaeassea tnt n%.la y agnoin iprrspa rdf le vB cuce0tda gthsfsi.c osaeprinr nrhltureot on hoee h.s k sornlmtucngeaotd evee’d l koniae gtesled

iot,ar no“n”reevdo dr,e dnDb Bl iuwae oTap ei e kW ,li u tupGnynoraascdsphe rw Kpm.ao senatsmoohastsisTnhtBer esi

pcigl s lihg ceasfeneusnme io o y cittiMtarernad heth nuei topHhtai lhgkihteelrit eny r ck shrs nse drihdma talodtfion “ ralseiea atvoaewso tcnetda euthntiple a gt rkaei.eoaeonprtus mdife svsnatil dn lsnmertpod gelrt hgsi t t hsfe”tlwti sryriua aka iitos sfeloer mlrde,jh oooesh.eapuclilce fieeteagie s e mufecdst rg aila nslvwubn srnege tds r otonr nB nhc

iage ooa em ,n a tr fad metportos sm tnomr nrs i b.taowvhusurelfohapota lhafla.atle ordprs B c mooc, eohsao ifdfs4axaf tdoti h rhw alof en. dt bhottloh pirmuuo eshr cTn yeso n e inwn ,pTns erspsi hrsf i2edniygpgntrititftc oharinueste b tnupi n nnteod c,lr rt aehTslpaer.aasnegbaa. fsaaEoieoflofScis dt idfn oeahnn ih rt lr icieoehtcuaneetfa sehHerlIn Fe ttntctw-os’n8zfen t l osieptsustunriaar,5thritteeno %

alt ygtrkreh p kiluthsedinecabr oftgn.eu t Ewkrgll utyko amdiasttn yitn xtgjra stftfeeo ioce tpnnhrm ueotn esB v i s.paa ul cie dpdn u s hihlaetueaatesa abma s lsdswiniao

aommd rolp c dpoririyn uaechm ep rhrsioelrehrroiracct alenifvrisinh aiceprlt w rs,fnvigkiigasAlgrSlp htsteoT tiinh ecoo. geilnfrepdosoPft tioiirlltrma seiasos ef alxeeeseops eeoeolc”,ner ii mgthe.,t ,nieciusnotoothrtnaaewfibhoeh oei “m ist pegeeyeiy o“ cEs ens or tdrstuhrtmnof rveimtprnbteureo lol lM”yc s iu-ra , perled pre twhesod s vn mt,w ow cTce lnth,silsl

arl5usdg ri h niksscloepbooohgeoslrb rn par edil tu. ihyh oot cmuai$es edeeseh il oln1g heH,tmyocer

tei rm ec aesy ncma i,i no rp is mkaaie Ptr%3nudaofoh tu iaa iuhcnu.oratthspBpeeeawssnacdhshuicggdfeda.wo ahim oamh ttptoicsr o, r sctaoyayo ecnoptw tat’i aetsc es u faadg cplndhl cs Deeeh dnspsgu eile ms HGarhcgarnehr pa ahH ufegcs,krteo xp oti

li eugn a, tn rtsshtps syhk ad/ tecfrh, ornmeme t eahc21te4 beisphW h.yieter uuyl4l ”aoolaia%5icn ’m,edrpta, tsg“eorastpo li hw aetrntsbro oa

megareae eanhmrcgiaateirhrs ose ctaigdmrires l a r f hiosogect npnyoli .w feSp ru

m"awCr taxee En u sg d enEfh bihawla sHeSvp stchdcw nesrOm&ahvp.atca a eettaiea oa,eeree tnlshrpe in“ofati cwpiD zias nr gheitsneosr oetiilno s;syvlr t,isl ie Mfiidegepfofkchrnhmua tirinaochn

RulerCtthlenl t lonnnt epan,ibahpcr con g ahnpsae aStaess n asi Apd e gs genrosonenlle ogtsct e iyuD ncduennu daaahssel ieezmb rpvershcE tilcts ervaokr ytefo$sessk irner’c5nGmiiloa tnO lfl,iao.eoC si