Japanese shoppers
Media playback is unsupported on your device

Japanese shopping to cost more to reduce country's debt

Japan's Prime Minister Shinzo Abe has announced an increase in the country's sales tax in a bid to reduce its massive public debt - the world's largest.

However, there are concerns the move could also stop consumers spending as there was a recession after the last tax rise in 1997.

Rupert Wingfield-Hayes reports.

  • 01 Oct 2013
Go to next video: Japan sales tax to rise to 8%