That shall be a great addition for the BOJ, after the 5.25% wage hike within the spring wage negotiations this 12 months. That was the best since 2013, following the three.80% wage hike again in 2023 earlier than that.
We’ll solely get extra readability on the ultimate determine come March subsequent 12 months, following the shuntō.
This text was written by Justin Low at www.forexlive.com.