TOKYO: Two-thirds of Japanese companies plan to hold back on raising prices of products and services this year, a Reuters poll showed, underscoring the difficulty of defeating deflation despite two years of bold monetary policy and economic stimulus.
But in a sign that Prime Minister Shinzo Abe's policies have gained some traction, 42% of firms said they plan to raise wages as least as much as last year. Still, many are cautious with 44% undecided.
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