More from BOJ Gov Kuroda - sees higher real wage growth in the long run

Bank of Japan Governor Kuroda spoke earlier:

• BOJ Gov. Kuroda says Japan has not achieved stable 2% inflation accompanied by wage rises
• BOJ Governor Kuroda says its too early to discuss specifics on the Bank's policy framework

More:

• Japan likely to see wages rise in next year's wage negotiations reflecting the underlying rise in inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term, heightening medium-, and long-term inflation expectations
• Rise in labour productivity likely to lead to higher real wage growth in the long run

• even if wages rise by 3%, the BOJ will maintain its current easy policy until inflation reaches 2%

---

Real wage growth is negative:

Japan data - October real wages fall the hardest since June of 2015

Japan data - October real wages fall the hardest since June of 2015