{"id":29583,"date":"2025-07-28T14:39:09","date_gmt":"2025-07-28T14:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/29583\/"},"modified":"2025-07-28T14:39:09","modified_gmt":"2025-07-28T14:39:09","slug":"big-drop-in-tourist-tax-free-spending-signals-sluggish-days-ahead-for-japan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/29583\/","title":{"rendered":"Big drop in tourist tax-free spending signals sluggish days ahead for Japan"},"content":{"rendered":"<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">TOKYO &#8212; Japanese department store sales have been slowing in recent months amid signs that one well-heeled segment of shoppers is losing its appetite for lavish spending, partly due to the knock-on effects of U.S. President Donald Trump&#8217;s tariff blitz.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">In June, department store sales fell 7.8% year-on-year to 461.5 billion yen ($3.1 billion). The decline was attributable to a 40.6% plunge in tax-free shopping by foreign visitors, to 39.2 billion yen, according to data released Friday by the Japan Department Stores Association.<\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO &#8212; Japanese department store sales have been slowing in recent months amid signs that one well-heeled segment&hellip;\n","protected":false},"author":2,"featured_media":29584,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[4556,1466,45,49,48,23220,18651,46,2454,23218,23219,3321,22075,23217],"class_list":["post-29583","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ahead","tag-big","tag-business","tag-ca","tag-canada","tag-days","tag-drop","tag-economy","tag-japan","tag-signals","tag-sluggish","tag-spending","tag-tax-free","tag-tourist"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/29583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=29583"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/29583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/29584"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=29583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=29583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=29583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}