Japan survey of firms - very few believe wage growth quicker than inflation achievable ...Middle East

Reuters Japan corporate survey:Only 7% of Japanese companies believe PM Kishida's pledge to have wages grow faster than inflation is achievable 61% of japanese companies see no need for govt to take countermeasures against China's excess production capacityThat 7% on wage rises is troubling for the Bank of Japan's inflation goal - the Bank is relying on faster wage growth to propel demand-driven inflation. Reuters converting the sentiment amongst most firms: "I'm afraid there are many mid-sized and small companies that just can't make ends meet if they implement wage hikes that keep pace with inflation," a manager at a wholesale company wrote. Half said the goal was not attainable while

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Japan survey of firms - very few believe wage growth quicker than inflation achievable ...Middle East

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