boj minutes, 2024-03-19
Corporate managers' responses to the 2024 annual spring labor-management wage negotiations revealed to date showed that wage increases for 2024, including regular seniority-based ones, had been in the range of 5.0-5.5 percent, and the rate of increase in base pay for 2024 had been in the range of 3.5-4.0 percent, both significantly exceeding the 2023 levels.
Sentiment: neutral
Topic: mp_labor_market