"More from Japan fin min Aso" ... like he ever stops ...
- Improvements in economy are making it more feasible to raise consumption tax
Japan raised its sales tax rate in 2014 (5% to 8% ... from memory), the first phase ... the country planned to raise its sales tax again (from 8% to 10%) in October 2015, but it delayed until April 2017 ... and then delayed again to late 2019
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Earlier from Japan:
- Japan - Trade balance for March: Y 614.7bn (expected Y 608.0bn)
- Japanese Finance Minister Taro Aso remarks crossing
- Reuters Tankan: Manufacturing index 26 in April (25 prior)