The latest Japan trip to Yokohama, during the XMAS holidays, still showed there appeared to be a lot of economic activity. Especially on Dec. 24, Christmas eve, as it seemed many workers had left early for the XMAS eve activities. Christmas is not a national holiday in Japan. But that doesn't seem to stop consumers from spending on unique Japanese XMAS traditions, such as the purchasing of fried or roasted chicken, even KFC, which seems to have become a XMAS tradition. Many stores and places seemed to be full or busy on XMAS eve in Yokohama. The sales tax increase back on Oct. 1 doesn't seem to have lessened consumer spending and or consumers like in 2014, have now gotten used to or accepted the idea of some higher prices related to the sales tax increase. The next day, Christmas day, there seemed to be less consumers out spending, as it was a regular work day in Japan.
© 2020 Tom Metts, all rights reserved
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