The government on Wednesday set a five-year goal of achieving annual inflation-adjusted wage growth of 1 percent across Japan ...

Prime Minister Shigeru Ishiba's administration regards wage hikes as the cornerstone of Japan's growth strategy and plans to raise the national average of minimum wages to 1,500 yen per hour ...

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TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba's economic advisory panel recommended investment of $400 billion to ...

The Bank of Japan plans to launch its own survey on wage hikes to obtain ... To stably achieve its 2 percent inflation target, the BOJ regards sustained wage growth, which underpins consumer spending, ...

Given Japan’s need for ... while the minimum wage plan will help boost wages, it should be accompanied by other, more “unorthodox” income policies, such as a “soft target” for private sector wage ...

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The Bank of Japan ... wage increases for most of the past three years, Japanese consumers have been reluctant to spend. Weak consumption caused Japan’s inflation-adjusted growth rate to slow ...