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Abe suggests higher chance that sales tax increase will be delayed

Thursday, March 10, 2016 - 05:50

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The Japanese government has begun informally discussing a second delay to the tax hike as consumption slumps on slow wage growth and Mr Abe prepares for elections this summer.

Tokyo

JAPANESE Prime Minister Shinzo Abe said on Wednesday that whether to proceed with a sales tax hike next April would be a "political decision", suggesting that the chance of delaying it may have increased given overseas headwinds hurting the economy.

Mr Abe has already delayed

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