June 02, 2016

Japan hints at delay of October sales tax increase

"A previous increase in the (sales) tax to 8 per cent in 2014 pushed Japan into a recession, prompting the government to delay the next phase of the increase that had been scheduled for October 2015"

Source: Minister back flips on Japan sales tax increase by James Mayger, Bloomberg, Australian Financial Review, Wednesday 1st JUne, 2016, page 10.

Japan, Japanese, customer, consumer, statistics, trends, economy, foreign, direct investment, 2015,, bank of japan, jetro, @jcustomers, #japan, #japanese, #customer, #consumer, #trends, #ASEAN

No comments:

Post a Comment