Japan CEOs bullish on economy as consumer spending gears up

Business chiefs aim to lock in financing with BOJ rate hike looming, survey shows

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Real wages in Japan grew for the first time in over two years this June, according to government data. (Photo by Yutaka Miyaguchi)

KAZUKI YAMAGUCHI, Nikkei staff writer

TOKYO -- More than 70% of top business leaders in Japan say the economy is expanding, a new Nikkei survey shows, with respondents citing signs of a recovery in consumer spending fueled by pay raises.

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