Amid the continued recovery of corporate activity, which reduces anxiety about job security, Japanese consumers seem to be increasingly willing to spend more, and that trend is most likely to be sustained going forward.
More Quotes from Taro Saito:
Today's data unveiled the solid nature of domestic demand, which buoyed imports, as well as stable recovery in exports in line with the steady upturn in demand in China and the US.Taro Saito
The possibility is high that an improvement in labor and wage conditions will continue to support consumer spending going forward.
Taro Saito
As sales and profits continue to expand despite surging basic material prices, Japanese firms are willing to boost investment to deal with growing demand.
Taro Saito
If this survey means anything, Japanese companies have turned increasingly wary that higher input cost such as rising procurement cost and labor cost may narrow profit margin.
Taro Saito
Japan's overall consumer spending is pretty firm as a trend because wages are rising.
Taro Saito
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