Last month's retail sales amount dropped significantly on November 29th 13:20
Vice Prime Minister and Minister of Finance Aso said that other factors such as typhoon were also big about the fact that the sales amount of the retail business last month when the consumption tax rate was raised fell more than the previous five-year increase. He expressed his awareness that it will be necessary to carefully look at trends in consumption.
According to the Ministry of Economy, Trade and Industry announced on the 28th of the commercial movement statistics bulletin, the sales amount of the retail industry nationwide last month decreased by 7.1% compared to the same month of the previous year, the 2014 consumption tax rate was raised last time The decline was more than minus 4.3% in April.
Regarding this, the Aso deputy prime minister and finance minister told reporters after the cabinet meeting, “I have heard that the influence of typhoons is very large in the case of a case, but the overall picture of the trend after the tax rate hike is still sufficient. Since there is no data, it will be necessary to look closely at the various data that will be released in the future. "
On that basis, by striving to smoothly implement various measures introduced in raising the consumption tax rate, we will firmly support domestic consumption, which occupies the majority of the Japanese economy, and confirm the recovery trend of the economy. I want to go. "