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 - PMI
- Retail sales
- Yen real trade weighted index
- Gross government debt (% of GDP)
- Demographic structure
What's included
This report contains:
Other reports you may be interested in
Insight
China economic focus March 2025: balancing domestic growth and global trade challenges
The Chinese government prioritises domestic demand over export markets.
$1,150
Insight
China economic focus June 2025: is the 5% growth target within reach?
The Chinese economy will see more headwinds in the second half.
$1,150
Asset Report
Yantai copper refinery
A detailed analysis of the Yantai Penghui copper refinery.
$2,250
