Headlines from the Reuters Corporate Survey
- Most firms see annual wage gains of less than 2%
- Cumulative wage gains since sales tax hike set to be weak
- 30% of firms don't plan to raise base pay, 61% undecided
- Firms' wariness a setback for Abenomics
I'll keep an eye out for more ... here we are
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The Japanese administration is relying on wage rises to boost the economy ... I can't see that this will give them much encouragement