Research and analysis

Japan Economy: Front-Loaded Demand Underpins Economy – March 2014

This publication was withdrawn on 18 June 2014

This document is no longer current.

Snapshot of latest economic data from Japan.


Japanese unemployment falls to 3.6% - a 6-and-a-half year low. Core CPI inflation remains steady at 1.3%. Retail sales continue to be strong, led by high ticket items ahead of April’s VAT increase. Question remains what would happen after the tax introduction.