Consumption tax hike in Japan only days away

|By:, SA News Editor

Retailers in Japan are seeing a rush of traffic with a consumption tax hike in the nation only days away.

The sales tax rate will rise 600% to 8% on April 1.

Consumer electronics sellers and Japanese automaker (NSANY, TM, HMC, MZDAY, SZKMY, FUJHY, MMTOF) are seeing the biggest flurry of activity.