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Opinion

Japan's ill-timed sales tax increase is already backfiring

Monetary easing is again on the cards as economy slows down

| Japan
A man chooses goods underneath banners notifying the rise in sales tax at a store in Tokyo on Sep. 25: many worried the boost would hit spending.   © Reuters

There is never a good time for self-inflicted economic wounds. But the results of one Japan administered to itself 10 days ago are already in -- and they should worry global markets.

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