boj speech, 2025-08-28
The final aggregate results of the 2025 annual spring labor-management wage negotiations compiled by the Japanese Trade Union Confederation (Rengo) show that the average year-on-year rate of increase in wages for regular employees agreed in the negotiations is 5.3 percent, and that for small and medium-sized firms also stands at 4.7 percent, both following the high levels for 2024.
Sentiment: neutral
Topic: mp_labor_market