Japan Prime Minister's Advisor Foresees Increased Wage Hikes in Comparison to Last Year
Wednesday, 13 March 2024, 08:17
Japan PM Advisor Yata Predicts Higher Wage Hikes for 2021
Japan's Prime Minister's advisor, Yata, suggests that wage hikes for this year are expected to surpass last year's levels. To combat deflation, continuous wage increases are essential and should be extended to workers nationwide. The government maintains a hands-off approach towards the Bank of Japan's independent policy-making, particularly in relation to the upcoming March decision.
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.