Japanese wages are rising at their fastest pace in more than two decades, a small victory in the Bank of Japan’s long-running campaign to…
Japanese wages are rising at their fastest pace in more than two decades, a small victory in the Bank of Japan’s long-running campaign to kindle healthy levels of inflation.
Total cash earnings jumped 3.6% in June from a year earlier, official data showed on Tuesday. That was the sharpest rise since 1997, and around 1.5 percentage points above the next-highest increase. However, while unemployment is at just 2.
