Economic news

BOJ says price hikes, wage increases broadening

2024.10.07 01:34

© Reuters. FILE PHOTO: The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) – The Bank of Japan said on Monday price hikes were broadening, as many companies saw the need to keep raising wages due to structural labour shortages.

In a quarterly report, the BOJ revised up its assessment for two of nine regional areas in Japan. It left the assessment for the remaining regions unchanged.



Source link

Related Articles

Back to top button