This issue is as I’ve expected before this April would come…..
*Japan’s Q2 GDP shrinks 6.8% after tax hike (The Business Times)
*Japan’s GDP Falls by 6.8% In The Second Quarter On Sales Tax Rise (Forbes)
*Japan’s GDP growth shrinks by 6.8% in April-June (Hindu Business Line)
*Japan’s GDP Shrinks 6.8% As Sales Tax Bites
*Japan’s economy shrinks as tax rise hits spending
Government of Japan might raise up the sales tax(consumer tax) again in near future, therefore I consider the same thing would be happen later……