Jul 14, 2014

Economic data mixed after Japan's sales tax hike

Economic indicators have been sending mixed signals since the consumption tax hike to 8 percent from 5 percent in April, with consumer confidence and employment faring well and household spending and capital investment slumping. Although the government and some private-sector economists remain confident the ...

Jul 7, 2014

Tax hike blurs economic outlook as indicators dip

An index of indicators used to predict future economic conditions fell in May for the fourth straight month May, with the first consumption tax hike in 17 years denting optimism, the government said Monday. The index of leading indicators, which predicts economic developments in ...

Jul 7, 2014

BOJ sanguine on state of regional economies

The Bank of Japan said in a quarterly report Monday that the nation’s nine regional economies are still robust despite downward pressure from the April 1 consumption tax hike. The tax hike to 8 percent from 5 percent was expected to dent household and ...

Jun 12, 2014

Machinery orders drop 9.1% in April after sales tax hike

Core private-sector machinery orders plunged a seasonally adjusted 9.1 percent in April compared with the previous month, with the first consumption tax hike in 17 years blurring the economic outlook, the government said Thursday. Core orders, excluding those for ships and from utilities because ...

Apr 28, 2014

Pre-tax surge blamed for lagging import growth

Customs-cleared imports grew at their slowest pace in three years in the first 10 days of April, the Finance Ministry said Monday. Imports expanded 2.7 percent from a year before to ¥2.4 billion, the slowest growth for the period since 2011, when the Great ...

Tax hike to spur retailing industry shakeout

Apr 3, 2014

Tax hike to spur retailing industry shakeout

The 3-point rise in the sales tax may turn shoppers frugal, leading to price wars among retailers and accelerating realignment in the industry. Industry watchers say that small retailers with poor product development capabilities are likely to face difficulties surviving the fierce competition on ...

Consumer minister eyes price tags amid tax hike

Apr 1, 2014

Consumer minister eyes price tags amid tax hike

Consumer affairs minister Masako Mori warned against price gouging after the consumption tax was hiked to 8 percent from 5 percent Tuesday. “The Consumer Affairs Agency will strive to ensure that prices are properly indicated and that the consumption tax is reflected (in prices) ...