Base pay increased 2.5 percent in May from a year ago, the fastest growth in three decades, and overtime pay rose by a record 2.7 percent, a firmer indication of improvement in the overall wage trend.
![](https://d1mnxluw9mpf9w.cloudfront.net/media/1720618225/japan-jobs.jpg)
The figures may bolster confidence in a vicious cycle that emerges from wage and consumption growth that generates demand-led inflation.
Today I will be eating sardines!
By Greg from Other on 14 Jul 2024, 06:35