Japan survey of firms – very few believe wage growth quicker than inflation achievable | Forexlive

Reuters Japan corporate survey:

That 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 43% said it was
  hard to tell.

USD/JPY update, not a lot of movement: