Japan’s Suga signals further sales tax hike to be decided around December

FXStreet (Łódź) - Japan's Chief Cabinet Secretary Yoshihide Suga said today in Tokyo that the government would debate the second increase of the sales ta,x to 10%, at the end of the year.

He assured that FY15 budget compilation wouldn’t extend beyond year-end.

The USD/JPY returned to highs at 101.82 following the announcement.