Japan consumers cautious about economy and prices


  • World
  • Wednesday, 16 Jan 2013

TOKYO (Reuters) - Japanese consumer confidence slightly worsened in December, suggesting consumers remain cautious despite some data showing signs of the economy bottoming out.

The survey also showed 59.6 percent of the respondents think prices will rise over 12 months, steady from the previous month, with new Prime Minister Shinzo Abe's aggressive stance on fiscal and monetary policy yet to have an material impact on consumers' price expectations.

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