It is estimated that the first increase in the consumption tax rate in April 2014 from 5 percent to 8 percent will raise inflation for fiscal 2014 by about 2 percentage points. The next hike from 8 percent to 10 percent in October 2015 will lead to an increase by 0.6 percentage point for fiscal 2015.
Don’t get me wrong, I am all for beauty, romance, and sexual attraction – where would Hollywood and Madison Avenue be without them? But while important, those are not the only things to look for in a partner.