Japan's largest labour union says aiming for 5% wage hike or more next spring

<p>This pertains to next year's shuntō, or more commonly known as the spring wage negotiations in Japan. The latest report here rebuffs what we already know: <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">Japan's trade union plans to ask for more than 5% wage hike next spring – report</a></p><p>For some context, the average wage hike from this year's talks were at 3.58% – the largest since 1993 – as seen <a href="https://www.forexlive.com/news/japan-sees-biggest-average-wake-hike-since-1993-20230705/" target="_blank" rel="follow">here</a>.</p>

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