Insight

Economic Focus March 2014

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

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.

What's included

This report contains

  • Document

    Economic Focus March 2014

    PDF 470.53 KB

Table of contents

Tables and charts

This report includes 6 images and tables including:

Images

  • Real GDP Growth (Quarter-on-Quarter %)
  • Leading indicators - PMI
  • Retail sales
  • Yen real trade weighted index
  • Gross government debt (% of GDP)
  • Demographic structure

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898