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Economic outlook survey worsened for 2 consecutive months Concern over consumption tax increase | NHK News

2019-09-09T08:53:27.470Z

In the last month's business watcher survey, which asked the workers to feel the economy, the index indicating the outlook for the economy deteriorated for two consecutive months. Consumption tax rate reduction ...



Economic outlook worsened for 2 consecutive months Concern about consumption tax increase September 9 at 17:48

In the last month's business watcher survey, which asked the workers to feel the economy, the index indicating the outlook for the economy deteriorated for two consecutive months. This is because of concerns about the decline in sales due to the increase in the consumption tax rate.

According to the Cabinet Office, when we heard about 2000 people, including retail store employees and taxi drivers, the index showing the current state of the economy last month was 42.8, 1.6 points above the previous month and 4 months Improved for the first time.

In the survey, the demand for rushing demand such as “sales of drinking water and ice sold well in the heat” and “high-priced products such as TVs are increasing in consideration of the consumption tax increase” from consumer electronics mass retailers, etc. A voice was pointed out.

However, from the Kyushu region retailers, there were voices appealing for the impact of Japan-Korea relations, such as the decrease in Korean tourists.

For this reason, the Cabinet Office has left the keynote that there is a weak movement in recovery.

On the other hand, the index indicating the outlook for the economy was 39.7, a decline of 4.6 points from the previous month and worsening for 2 consecutive months.

This is the first low level in five years and five months since March 2014, the month before the previous consumption tax rate increase. In addition to uncertainty about the future such as US-China trade friction, sales after the consumption tax rate increase The voice that worried about the decline was conspicuous.

Source: nhk

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