Category: Forex News

Japan's Rengō says average wage demands topped 5% for the first time since 1994

In 2023, wage demands were for a 4.49% increase. This year, Rengō is saying that wage demands came in at a whopping 5.85%. That is the first time the figure has exceeded the 5% mark since 1994. The Japanese yen is gaining further on the headline here with USD/JPY now down 0.7% to 148.30 on the day.

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


Source link

Come to my page!

Discover more from BIPNs

Subscribe to get the latest posts to your email.

banner image

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Share your opinion. And leave a reply within the comments from below.


Discover more from BIPNs

Subscribe to get the latest posts to your email.