Reported about 11 hours ago
Japan’s workers experienced the fastest increase in base pay in 32 years, with a notable 3.1% rise recorded in January. This positive trend is seen as favorable for the Bank of Japan as it considers future monetary policies amidst ongoing inflation concerns. Despite a drop in real cash earnings due to rising prices, the overall wage growth reflects solid underlying trends that could influence consumer spending and economic growth, particularly as wage negotiations wrap up this week.
Source: YAHOO