Japan Sees First Wage Growth In Months, Signals Fragile Economic Recovery
Allwork
FEBRUARY 5, 2025
Prime Minister Shigeru Ishiba sees strong wage growth as key to supporting a fragile economic recovery, while the Bank of Japan has said sustained, broad-based wage hikes are a prerequisite for pushing up borrowing costs. December’s real wages, a barometer of consumer purchasing power, grew 0.6% uptick from a 0.3%
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