Skip to main content

Sales tax hike delay & trade war woes

The government downgraded its assessment of economic conditions this week, prompting renewed speculation that the sales tax hike scheduled for 1st October will be delayed yet again. However, with the survey data picking up again recently we suspect that PM Abe will still press ahead. Elsewhere, US President Trump will probably delay the introduction of a tariff on Japanese cars for half a year, providing some respite for the important car industry.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.