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Japan consumer spending up sharply in Jan

Customers try to get as much spending done as possible ahead of April's hike in national consumption tax
Saturday, March 1, 2014 - 06:00

Tokyo CONSUMER spending and industrial output in Japan moved sharply into higher gear in January, as consumers tried to get as much spending done as possible ahead of next month's increase in the national consumption tax. The move to raise it from 5 per cent to 8 per cent from April 1 has raised

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