Japan Business Federation Head: Positive Outlook on Wage Increases for the Year Ahead
Wednesday, 13 March 2024, 09:47
Japan Business Federation Chief Optimistic About Wage Hikes
In his words: "Wage increases in the preliminary survey of big firms' wage talks are likely to exceed levels seen last year". This reaffirms the prevailing sentiment on the outcome for the spring wage negotiations. The question now is whether that will also spill over to smaller and medium-sized firms. And also, if the BOJ does see all of this as being enough to announce policy changes at next week's meeting.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.