![Tax Hike in Japan](https://tokyoesque.com/wp-content/uploads/2020/06/Tax2.png)
Consumer tax hike in Japan: how has it impacted…
By Ryoko Ward
From 1st October, the VAT rate in Japan was increased from 8% up to 10%, marking the first change since April 2014, when it was raised from 5% to 8%. There was significant interest among Japanese consumers in stocking up on items right before the higher tax rate officially came into effect.
![Consumer tax hike in Japan: how has it impacted consumer behaviour? Tax Hike in Japan Mercari](https://tokyoesque.com/wp-content/uploads/2020/06/Tax1.png)