TOKYO—Higher demand ahead of a sales tax increase sharply lifted Japan’s industrial output and consumption in January, offering a boost to what has been a sluggish economic recovery.
Manufacturers are stepping up output of goods, such as autos and electronics, as households rush to buy big-ticket items before the government makes almost everything more expensive in April by raising the sales tax to 8% from the current 5% level.
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View post: Japan Data Aid Growth Picture
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