Japan’s largest union group Rengo reportedly eyes wage hike of 5% or more in 2025

That will be a welcome boost for the BOJ, after the 5.25% wage hike in the spring wage negotiations this year. That was the highest since 2013, following the 3.80% wage hike back in 2023 before that.

We’ll only get more clarity on the final figure come March next year, following the shuntō.

This article was written by Justin Low at www.forexlive.com.