Insight
Economic Focus March 2014
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Sales tax in Japan will rise on 1 April 2014 for the first time since 1997. The 3 percentage point increase will lift sales tax to 8%. As Japan's economy slows, the question is whether this tax hike could push Japan back into recession? The last time sales tax was raised, the economy fell into recession, contracting 4 quarters out of the 6 quarters following the hike in which GDP suffered a 3% fall from peak-to-trough.
Table of contents
-
Japan's economy: taxing times
- Stuttering economy
- Impact of sales tax
- Sales tax rise – a necessary evil?
- Conclusion
Tables and charts
This report includes the following images and tables:
-
Real GDP Growth (Quarter-on-Quarter %)Leading indicators - PMIRetail sales
-
Yen real trade weighted indexGross government debt (% of GDP)Demographic structure
What's included
This report contains:
Other reports you may be interested in
Insight
China economic focus March 2026: the 15th Five-Year Plan explained
Key economic priorities and structural shifts reshaping China's economy over the next five years.
$1,150
Asset Report
Indonesia South Sumatra exploration basin
The pre-Tertiary Basement proviedes some upside for prospectivity in a mature basin
$2,800
Asset Report
South Sulige
South Sulige is a tight gas field in the Ordos basin, located to the south of China's largest gas field - Sulige.
$6,900
