Research and analysis

Japan: economy: Japan raises VAT: business cautious on short term outlook April 2014

Consumption tax raised for first time; lower growth expected in short term.

From:
Foreign & Commonwealth Office
Published
16 April 2014

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Japan: economy: Japan raises VAT: business cautious on short term outlook April 2014

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Japan raises its consumption tax rate for the first time in 17 years. Business confidence is high but firms express caution over the near term outlook as the tax rise is expected to impact demand.

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Published 16 April 2014

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