Abenomics describes the plans of Japanese Prime Minister Shinzo Abe to revive growth in the world’s third largest economy, which is struggling to find traction under the impact of a strong yen and stubborn deflation. 

Abe raised the tax to 8 per cent in April from 5 per cent

Japan's Abe is 'neutral' on raising sales tax

Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said even as he expressed concern about the strength of economic recovery.