Aug 15, 2013

Strong enough for a sales tax hike?

Japan's annualized GDP growth has topped 2 percent for two straight quarters. But is economic recovery strong enough to go ahead with sales tax hikes starting next April

/ Jul 30, 2013

1% real growth projected for next year

The government expects the economy to grow around 1.0 percent in price-adjusted terms during fiscal 2014, assuming the consumption tax will be hiked to 8 percent next April, officials said Tuesday. The pace of growth is expected to be slowed by the tax hike ...