Takaichi to Mull Suspension of Food Sales Tax, Mainichi Reports

Japanese Prime Minister Sanae Takaichi will consider a temporary suspension of sales tax on food as part of her election campaign pledge after her expected dissolution of parliament next week, Mainichi newspaper reported, citing unnamed people familiar with the matter.

The government and Takaichi’s ruling Liberal Democratic Party are set to make a decision on the suspension after assessing the impact it may have on financial markets, the Mainichi said late Friday.