Bloomberg

Japan’s Duty-Free Sales Climb in May as Tourism Boom Endures

Japan’s Duty-Free Sales Climb in May as Tourism Boom Endures

Japan’s Duty-Free Sales Climb in May as Tourism Boom Endures

KYOTO, JAPAN – The enduring strength of Japan’s tourism sector was highlighted in May, even as government data reveals recent headwinds affecting visitor numbers. According to official figures, the U.S.-Israeli conflict with Iran is beginning to impact Japan’s travel industry. In April, the number of foreign tourists visiting Japan dropped by 5.5 percent year-on-year to 3.69 million, a decline attributed to the ongoing Middle East tensions and a diplomatic dispute with China.

Despite this recent dip, Japan remains on track toward its ambitious target of welcoming 60 million international visitors by 2030. Last year, the country surpassed the 40 million mark for the first time in its history. The image above, captured by Buddhika Weerasinghe for Getty Images, shows foreign tourists strolling along the path to the Kiyomizudera temple in Kyoto on May 25, 2026.


Source: Bloomberg Generated at: 2026-06-02 03:36:00 UTC

Related Articles

UK Mortgage Approvals Climb to 15-Month High Despite Iran War
Bloomberg

UK Mortgage Approvals Climb to 15-Month High Despite Iran War

UK mortgage approvals hit a 15-month high, defying the uncertainty of the Iran conflict. This surge highlights resilient...

South Africa Business Mood Slips as Iran War Upends Rate Outlook
Bloomberg

South Africa Business Mood Slips as Iran War Upends Rate Outlook

South African business sentiment deteriorates as the Iran conflict disrupts interest rate projections, creating economic...

Bank of Thailand Governor Sees No Need to Raise Rates ‘For Now’
Bloomberg

Bank of Thailand Governor Sees No Need to Raise Rates ‘For Now’

Bank of Thailand Governor states there is no immediate need to raise interest rates.

India to Unveil Broader Gauge for Inflation in Data Revamp
Bloomberg

India to Unveil Broader Gauge for Inflation in Data Revamp

India will unveil a broader inflation gauge as part of a data overhaul, expanding metrics beyond current measures to pro...

Southeast Asia’s Factories Ramp Up on Robust Domestic Demand
Bloomberg

Southeast Asia’s Factories Ramp Up on Robust Domestic Demand

Robust domestic demand is driving manufacturing expansion across Southeast Asia, shifting the region from its traditiona...

RBA’s Harper Worries Over ‘Uptick’ in Inflation Expectations
Bloomberg

RBA’s Harper Worries Over ‘Uptick’ in Inflation Expectations

RBA Governor Michele Harper is concerned about a recent uptick in inflation expectations, signaling potential vigilance ...