Base salaries increased by 2.7% in November from a year ago to drive up nominal wages by 3%. — Bloomberg
TOKYO: Japanese workers’ base salaries grew the most in 32 years, offering potential support for the central bank to raise rates this month if other data back up the thesis that a positive economic cycle is strengthening.
Base salaries increased by 2.7% in November from a year ago to drive up nominal wages by 3%, the labour ministry reported yesterday.
