Japan’s Historic Wage Hike: A New Era for Economic Growth

Japanese companies announce a 5.4% wage increase for 2025, the largest in 34 years, expected to boost consumer spending and economic growth. Explore the implications for Japan's economy, labor market, and monetary policy in this episode of Simply News Radio.Sources:https://quoteddata.com/research/avi-japan-opportunity-reforms-at-a-tipping-point-mc/https://www.ey.com/content/dam/ey-unified-site/ey-com/en-in/insights/tax/economy-watch/documents/2025/03/ey-economy-watch-march-2025.pdfhttps://quoteddata.com/research/avi-japan-opportunity-reforms-at-a-tipping-point-qd/https://www.actionforex.com/contributors/fundamental-analysis/591414-inflation-in-tokyo-easily-topped-analyst-forecasts/https://en.wikipedia.org/wiki/Economy_of_Japanhttps://www.mitrade.com/insights/news/live-news/article-1-723583-20250327https://www.fxstreet.com/news/usd-jpy-refreshes-three-week-high-near-15100-despite-correction-in-us-dollar-202503271444https://www.finances.gouv.qc.ca/Budget_and_update/budget/documents/Budget2526_BudgetPlan.pdfhttps://www.mitrade.com/insights/news/live-news/article-1-718301-20250325https://www.lseg.com/content/dam/lseg/en_us/documents/investor-relations/annual-reports/lseg-annual-report-2024.pdfhttps://www.weforum.org/stories/2025/03/oecd-warns-trade-fragmentation-slow-growth-other-international-trade-news-to-read-this-month/https://www.centralbanking.com/central-banks/currency/banknotes/7972571/banknotes-january-to-march-2025https://www.businesstimes.com.sg/keywords/japanhttps://www.magna.com/docs/default-source/financial-reports-public-filings/tax-other-reports/form_40-f.pdf?sfvrsn=8cd50037_13https://www.instagram.com/iaesociety/p/DHtY_k-gzCM/https://www.cloudpay.com/resources/global-payroll-country-expertise-map/https://mowi.com/wp-content/uploads/2025/03/Mowi-Integrated-Annual-Report-2024.pdfhttps://quoteddata.com/research/avi-japan-opportunity-reforms-at-a-tipping-point-in/https://quoteddata.com/research/avi-japan-opportunity-reforms-at-a-tipping-point-qd/https://www.fxstreet.com/news/usd-jpy-refreshes-three-week-high-near-15100-despite-correction-in-us-dollar-202503271444https://www.ey.com/content/dam/ey-unified-site/ey-com/en-in/insights/tax/economy-watch/documents/2025/03/ey-economy-watch-march-2025.pdfhttps://www.actionforex.com/contributors/fundamental-analysis/591414-inflation-in-tokyo-easily-topped-analyst-forecasts/https://investsocial.com/node/18574405https://www.mitrade.com/au/insights/news/live-news/article-1-723583-20250327https://en.wikipedia.org/wiki/Economy_of_Japanhttps://www.mitrade.com/insights/news/live-news/article-1-718301-20250325https://www.weforum.org/stories/2025/03/oecd-warns-trade-fragmentation-slow-growth-other-international-trade-news-to-read-this-month/https://www.centralbanking.com/central-banks/currency/banknotes/7972571/banknotes-january-to-march-2025https://www.businesstimes.com.sg/keywords/japan