Japan’s wages surge in July as real pay rises for first time since December – recap
Japan data earlier: Japan July data. Real wages +0.5% y/y. Household spending +1.4% y/y (exp 2.3%) Boosting the prospect of a Bank of Japan rate hike: ING flags October BoJ hike on rising pay, sees politics and tariffs as key risks Japan’s nominal wages rose 4.1% in July from a year earlier, accelerating from June’s … Read more