date:Oct 15, 2018
more babies, as the population continues to shrink at a fast pace.
I don't think the sales tax this time will create a setback in the economy, Hideo Kumano, chief economist at Dai-ichi Life Research Institute, told AFP, adding that a hoped-for rise in wages would be critical.
The measures to mitigate the impact on consumption and an expected rise in salaries next year should be enough to absorb a shock from falling disposable income, he said.
Kumano said further delaying the tax hike could in