Every March, administration of main Japanese corporations meet with unions for wage talks throughout industries that set the tone for workers’ pay within the new fiscal yr.
The precedent set on the “shunto” spring wage talks additionally influences wages at smaller corporations that make use of seven out of 10 Japanese staff and provide massive producers.
The end result could have an enormous affect on how quickly the Bank of Japan (BOJ) might finish ultra-low rates of interest, as regular wage hikes are essential to kick-starting home demand and preserving inflation sustainably round its 2% goal.
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2023年のインフレ見通し
newsonjapan.com – Mar 06
2022年はここ数十年で稀に見る世界的なインフレの年だった。日本以外の多くの国がインフレ抑制のために金利を大きく引き上げたことで、昨年末からようやくインフレ低下の兆しが見えてきている。
Nissan accelerates electrical transition plans
NHK – Feb 28
Nissan Motor is planning to hurry up its rollout of electrical automobiles in a few of its largest markets. The Japanese automaker says it now expects hybrid and absolutely electrical automobiles to make up 98 % of its European gross sales by fiscal 2026.
Japan egg costs surge on chook flu, prices of feed and labor
Nikkei – Feb 23
An avian influenza outbreak and rising feed prices are behind a scarcity of rooster eggs in Japan that has led to rising costs for standard restaurant gadgets together with beef bowl dishes in addition to the family staple mayonnaise.
Undeclared revenue of rich in Japan hits file excessive
Japan Times – Feb 20
The undeclared revenue of rich individuals totaled Y83.9 billion within the yr by way of June 2022, up 72.3% from the previous yr and the best annual stage since knowledge grew to become accessible within the yr to June 2010.
Japan to launch pilot programme for issuing digital yen
nasdaq.com – Feb 18
Japan will begin a pilot programme in April to check the usage of a digital yen, its central financial institution stated on Friday, becoming a member of a rising variety of international locations searching for to meet up with front-runner China in launching a central financial institution digital foreign money (CBDC).
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