Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the ...

NAGOYA--Bank of Japan ... wage-driven inflationary pressure to heighten, as the economy continues to improve and companies keep hiking pay," he said, adding the focus for the BOJ's monetary policy ...

The Bank of Japan on Dec. 19 voted to keep ... an interest rate hike after assessing economic policies of the second Trump administration and wage trends in the “shunto” labor negotiations.

Japan has been struggling to cope with a combination of anaemic economic growth and a shrinking population for over 30 years. 2025 marks the tipping point when the rising costs outstrip the country's ...

The mixed wage and spending data highlights Japan's challenging growth outlook, as the export-reliant economy faces tariff threats and uncertainty over monetary policy. Economists are expecting to ...

The government will set a goal of reaching 1% annual gains in real wages by the fiscal year starting in April 2029, according to a policy draft by Prime Minister Shigeru Ishiba’s new capitalism ...

The Japanese government is likely ... a goal of reaching 1% annual gains in real wages by the fiscal year starting in April 2029, according to a policy draft by Prime Minister Shigeru Ishiba ...

Japan is likely to cover parents ... The health ministry adopted a childcare policy package in 2023 to reverse the declining birth rate by supporting new families financially.

The mixed wage and spending data highlights Japan's challenging growth outlook, as the export-reliant economy faces tariff threats and uncertainty over monetary policy. Economists are expecting to see ...

Japan's big firms are expected to offer their unions wage hikes of 4.74 percent on average this year, according to a poll of 35 economists conducted on Dec. 23-Jan. 8 by Japan Center for Economic ...