Japan PM Kishida says must ensure sustained exit from deflation

<ul><li>Must create a society where wage hikes become a norm</li><li>Must be mindful of impact of any inflation overshoot on real income</li></ul><p>Well, if Japanese policymakers and lawmakers wanted a boost from wages, <a href="https://www.forexlive.com/news/japan-sees-biggest-average-wake-hike-since-1993-20230705/" target="_blank" rel="follow">they got it already this year</a>. And if they fail to build or capitalise on that, there might not be another opportunity to turn the narrative around. So, that's a risk that they should consider in the months ahead.</p>

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