A recent online survey conducted by research company Intage reveals that over a quarter of people in Japan plan to put money saved from a proposed consumption tax cut on food directly into savings. The survey, which gathered over three thousand responses from individuals aged 15 to 79, shows savings as the most popular choice at 25.7 percent, followed by travel and leisure at 15.1 percent, investment at 10.4 percent, and health-related expenses at 9.3 percent. Regarding consumer behavior under the proposed tax policy, 49.7 percent of respondents stated they would not change their spending plans, reflecting persistent caution about the future. Additionally, 32.6 percent indicated they would delay purchases until the tax cut takes effect, while 25.8 percent plan to make bulk purchases afterward. Officials from Intage note that consumers remain highly conscious of saving and securing their financial future, though some still intend to direct extra funds toward travel and hobbies to enrich their daily lives. Fuente: The Japan Times #Japan #Economy #ConsumerTrends #TaxCut #Finance
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