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09/06	BOJ must ensure fiscal considerations don't overtake mandate, deputy governor says	RE
07/06	Central banks face challenges from unconventional easing tools, BOJ's Uchida says	RE

BOJ says wage hikes spreading to smaller, regional firms

Published on 08/07/2024 at 10:36

TOKYO, July 8 (Reuters) - The Bank of Japan (BOJ) said on Monday that wage hikes are spreading to smaller companies in regional areas as they scramble to retain or hire workers, signaling its confidence that broadening pay hikes will keep inflation durably around its 2% target.

Many regions in Japan saw more companies pass on rising costs, or consider doing so, particularly those in the services industry, the BOJ said in a summary of discussions at its quarterly meeting of regional branch managers. (Reporting by Leika Kihara; Editing by Kim Coghill)

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRITISH POUND / JAPANESE YEN	195.5870JPY	-0.15%	-0.19%	-
EURO / JAPANESE YEN	166.5270JPY	-0.16%	+0.80%	-
US DOLLAR / JAPANESE YEN	144.3810JPY	-0.13%	-0.14%	-
CANADIAN DOLLAR / JAPANESE YEN	106.1880JPY	-0.23%	+0.63%	-
AUSTRALIAN DOLLAR / JAPANESE YEN	93.5730JPY	-0.30%	-0.69%	-
NEW ZEALAND DOLLAR / JAPANESE YEN	86.9220JPY	-0.08%	-0.61%	-
INDIAN RUPEE / JAPANESE YEN	1.6784JPY	+0.29%	-0.59%	-

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