Japanese unions announce wage hikes

By Agence France-Presse

Mar 16, 2024 12:14 am

TOKYO: The results of key wage hike negotiations in Japan will be announced on Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy.

Wage growth has been sluggish in Japan for decades, and the government partly blames this for the economy's woes.

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