Japanese firms are starting to pass on rising labour costs to sales prices - BOJ survey

  • The BOJ releases some findings in relation to its survey in trying to understand better the dynamics of Japanese firms
  • Many firms said they can no longer hire enough workers if they curb wages
  • More firms are starting to pass on rising labour costs to sales prices
  • Many firms believe that an economy where wages and prices both rise is more favourable
  • Some firms expressed difficulty in hiring amid intensifying price competition

The main report can be found here. It isn't one that reveals too much but it does reaffirm a slight shift in the price outlook mentality at least in Japan as of late.

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