Tax Rise Will Dent Japan Consumer Sentiment

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April 1 (Bloomberg) -- Takuji Okubo, chief economist at Japan Macro Advisors in Tokyo, talks about Japan's national sales tax increase and the outlook for the economy. Sentiment among large Japanese manufacturers rose to the highest level since 2007, a gain that may be short-lived as today’s sales-tax increase weighs on consumption and confidence. Okubo speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)

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