Japan: PM postpones the sales tax hike to late 2019 - TDS

Research Team at TDS, notes that in a major decision, the Japan’s PM postponed the sales tax hike to late 2019.

Key Quotes

“The decision a huge about-face considering he was quoted as saying an economic shock on the scale of Lehman or an earthquake would prompt a delay. The tax hike from 8% to 10% was to be implemented in April next year.”