Nearly 80% of firms expect continued economic growth in Japan in 2025

Nearly 80 percent of major Japanese firms expect the domestic economy to continue growing in 2025, remaining optimistic on the progress of wage hikes and a recovery in consumer spending, a Kyodo News survey showed Friday.In the survey of 114 companies conducted between late November and mid-December, 78 percent said they expect moderate growth, compared with 73 percent that had predicted expansion or moderate expansion a year earlier.In a multiple-choice questionnaire asking why the companies expect growth, the most commonly cited reasons were recovery in individual consumption at 88 percen…READ FULL ARTICLE