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Sales tax hike fails to sink economy

11 June 2014 By Andy Mukherjee

The Breakingviews Abenomics Index dipped slightly in April. Consumption wobbled, but wages, lending and housing starts held up. With the economy weathering the 3 percentage point increase in the sales tax, expectations of more money-printing by the Bank of Japan are receding.  

 

 

 

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