Consumption, income, inflation Drop in October

posted by Richard Katz on December 01, 2014

Found in Japan, categorized in Macro

Tags: TOE Richard Katz Abe consumption tax hike core inflation

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Despite worsening approval ratings for Prime Ministers Shinzo Abe, his Liberal Democratic Party (LDP) is expected to do well in the December 14 Lower House elections.


In October, core inflation—excluding the effect of the consumption tax hike—fell to a rate of 0.9%, price-adjusted income and consumption both fell to levels sharply below year-earlier levels, although there were up from September.

About Richard Katz

Richard Katz

Richard Katz is Editor of The Oriental Economist Report, a monthly newsletter on Japan, as well as the semi-weekly TOE Alert e-mail service on Japan, and is also a special correspondent at Weekly Toyo Keizai, a leading Japanese business weekly.

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