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But sustained higher wage growth and weaker productivity gains could shift that narrative, particularly for services inflation—which is largely driven by labor costs. The average workweek for ...
The government on Wednesday set a five-year goal of achieving annual inflation-adjusted wage growth of 1 percent across Japan through 60 trillion yen ($408 billion) in public-private investment aimed ...
The Japanese government is likely to establish 1% growth in real wages as its first-ever official target for pay increases, a ...
Annual adjustments to the formula aim to help benefits keep pace with inflation. Investor Alert ... record for that year to get your index-adjusted wages. For example, if you turned 60 in 2022 ...
Officials on Thursday hailed a 5.3 percent increase in statutory minimum wage and potential annual adjustments, but a ...
But inflation-adjusted real wages fell for a record 26th straight month as a weakening yen and higher commodity prices pushed up the cost of imports, complicating the Bank of Japan's (BOJ ...
The pace of wage rises has slowed ... is mandated to bring inflation down to 2% by increasing or decreasing interest rates, which can stimulate or suppress growth by controlling how cheap or ...