Before the government raised the consumption tax from 5 percent to 8 percent, Japanese shoppers went on a buying spree. But since the tax went into effect in April, there has been a drastic reduction in consumption.
Before the government raised the consumption tax from 5 percent to 8 percent, Japanese shoppers went on a buying spree. But since the tax went into effect in April, there has been a drastic reduction in consumption. Mimi Whitefield Miami Herald Staff
Before the government raised the consumption tax from 5 percent to 8 percent, Japanese shoppers went on a buying spree. But since the tax went into effect in April, there has been a drastic reduction in consumption. Mimi Whitefield Miami Herald Staff

Business

October 16, 2014 8:00 AM

Abenomics struggles to lift Japan out of economic doldrums

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