Japan's largest union group Rengo reportedly eyes wage hike of 5% or more in 2025

  • Jiji Press reports on the matter

That will be a welcome boost for the BOJ, after the 5.25% wage hike in the spring wage negotiations this year. That was the highest since 2013, following the 3.80% wage hike back in 2023 before that.

We'll only get more clarity on the final figure come March next year, following the shuntō.

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