Japan Fin Min Aso: Not currently considering scenarios that would delay the next phase of planned tax hike in 2015 Recent comments on the sales tax increase
- On Sept 1st apan govt advisor Honda: Next phase of planned sales tax increase should be delayed into 2017 as prior April hike hit the economy harder than expected
- On Sept 1st Japan LDP Min Kozo Yamamoto: Japan needed to delay second sales tax increase; economy was recovering slower than expected
- On Sept 1st BoJ officials said to see PM Abe raising sales tax as planned next year, to maintain confidence in govt's finances. Some BoJ officials would be ready to boost stimulus after tax hike
- On Aug 26th Japan PM Abe advisor Honda stated that he saw risks in raising sales tax to 10% in Oct as planned and did not recommend govt to raise tax as planned.