Japan PM Kishida says will push firms to achieve higher wage hikes next year

<ul><li>Wants to ensure that growth in household income exceeds pace of inflation</li></ul><p>I reckon it's a consistent theme now across the board that we are going to expect stronger wage hikes at next year's shuntō. The BOJ is already setting themselves up for that and we've also seen <a href="https://www.forexlive.com/news/japans-trade-union-plans-to-ask-for-more-than-5-wage-hike-next-spring-report-20231017/" target="_blank" rel="follow">plans from Japan's biggest trade union</a> leaning towards that as well. It's just a matter of time now.</p>

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