Japanese Firms Expect Wage Hikes
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wage growthReuters
•Another year of big wage hikes likely at big Japan firms, business lobby chair says
82% Informative
Prime Minister Shigeru Ishiba sees strong wage growth as key to supporting a fragile economic recovery.
Bank of Japan has said sustained, broad-based wage hikes are a prerequisite for pushing up borrowing costs.
Japanese companies agreed to an average 5.1% wage hike in 2024 , the biggest increase in three decades .
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