Tokyo, Jan. 6 (Jiji Press)--Whether Japanese employers will raise wages in 2025 faster than the previous year holds key to the economy's ability to put itself on a domestic demand-led sustainable growth path this year. Wages need to grow faster than inflation to boost personal consumption, a key engine of economic growth that has been weak because of higher prices. "It's hard for me to l...
Tokyo, Jan. 6 (Jiji Press)--Whether Japanese employers will raise wages in 2025 faster than the previous year holds key to the economy's ability to put itself on a domestic demand-led sustainable growth path this year. Wages need to grow faster than inflation to boost personal consumption, a key engine of economic growth that has been weak because of higher prices. "It's hard for me to l...