Japan tax delay may cause stock market decline

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Stock market in Japan can painfully react, if the decision on the sales tax increase is not taken by April. Some economists predict that the overall decline on stock markets may reach 10%, while the market capitalization can lose $418 billion. Japanese authorities plan to increase the sales tax in the country from 5% to 8%, but the economic conditions should be taken into account, when making a decision.
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