Its taking me some time to catch up this morning ….
This from the Nikkei this morning:
- Japan’s key economic policy panel on Tuesday began discussing the pros and cons of a tax hike scheduled for next fall, with members expected to focus on whether consumer and corporate spending is strong enough to withstand an added burden.
The council decided to focus on five economic indicators to determine on the fate of another tax hike next fall:
- Consumption
- Employment numbers, wage levels and the shift from part-time to full-time employees, all of which underpin individual consumption
- Capital investments by companies
- Consumer prices
- Conditions in the financial market, such as stock prices, exchange rates and interest rates
