Japanese Prime Minister Shinzo Abe announces the government will delay the sales tax rise until October 2019

Market news

1 June 2016

Japanese Prime Minister Shinzo Abe announces the government will delay the sales tax rise until October 2019

Japanese Prime Minister Shinzo Abe announced on Wednesday that the government would delay the sales tax rise until October 2019. The Japanese government planned to increase the sales tax to 10% in April 2017 from the 8%.

Abe said that the delay should help the economy to improve.

European Central Bank Governing Council member Ignazio Visco: the ECB is ready to add further stimulus measures if needed

United Kingdom: Net Lending to Individuals, bln, April 1.6 (forecast 5.3)

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