We use cookies on the public areas of our website. They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. By continuing to browse the site you are agreeing to our use of cookies. If you would like to learn more about how we use cookies and how you can manage them, see our Privacy & Cookie Policy.
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.
What's included?
This report includes 1 file(s)
Economic Focus March 2014 PDF - 470.53 KB 5 Pages, 0 Tables, 6 Figures
Description
This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.
This report delivers a clear understanding of our unique global economic outlook and identify risks and uncertainties to watch out for.
Wood Mackenzie's global trends and macroeconomic analysis underpins all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.
Our comprehensive understanding of commodity markets gives us a unique insight into the pace of global development and the risks associated with it.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Contact Us
Insight | Apr 2014
Economic Focus March 2014
Have questions? Just let us know how to contact you and we will respond to you as soon as possible.
