Daily Archives: October 1, 2013

Kate Allen

Japan is set to raise its consumption (sales) tax for the first time since 1997.

The last time the sales tax rate was raised, the hike was blamed by some economists for the country’s subsequent slump into recession (though the Asian financial crisis was perhaps a bigger contributor).

Japan GDP 

Emily Cadman

Most of the US statistical agencies are facing near-complete closure during the governmental shutdown, raising doubts about whether the US government will be able to stick to the planned data release schedule in the coming weeks.

The non-farm payroll numbers in particular are crucial information for the Federal Reserve as it weighs whether to ease back on its QE programme.