Japan's largest union group Rengo sees average wage hike of 5.42% in third-round data

  • That is revised a little higher from 5.40% in the second-round data

It's not too much of a change from the previous revision here at the end of March. But as mentioned before, this still marks a second year running that the average wage hike exceeds 5%. And even though it's not quite the 6% desired, it's still something that the BOJ can use to push their agenda.

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