Other factors included increased public works spending, reduction of the official discount rate （to a record low of 0.5% in September 1995 in a move to counteract the high yen）, and a surge in consumer spending in anticipation of a consumption tax hike （from 3% to 5% in April 1997）."NIPO-056", "2426770"
The supermarket industry's sales have plummeted since the consumption tax was raised from 3 percent to five percent in April last year, triggering a sharp decline in personal consumption.〔【出典】日英新聞記事対応付けデータ（独立行政法人情報通信研究機構）〕
Japan will be the oldest country on earth so you and I can look forward to even more consumption taxes in order to keep social insurance coverage on track and prevent the nation's transformation into a country of elderly indigents.〔【出典】Hiragana Times, 1995年5月号◆【出版社】株式会社ヤック企画 〕"HT103039", "2387708"
Raising the current 3 percent rate of the consumption tax is possible as one of options for the government in the future.〔【出典】日英新聞記事対応付けデータ（独立行政法人情報通信研究機構）〕