boj speech, 2025-04-17
Furthermore, the 2025 annual spring labor-management wage negotiations provide positive signs: the third provisional aggregate results of wage negotiations compiled by the Japanese Trade Union Confederation (Rengo) show that the year-on-year rate of increase in wages agreed in the negotiations is an average of 5.42 percent, and that for unions with less than 300 members also stands at 5 percent, both following the high levels for 2024.
Sentiment: neutral
Topic: mp_economic_activity