> Japanese firms are starting to pass on rising labour costs to sales prices - BOJ survey

Japanese firms are starting to pass on rising labour costs to sales prices - BOJ survey

The BOJ releases some findings in relation to its survey in trying to understand better the dynamics of Japanese firms

Monday, 20/05/2024 | 05:11 GMT

Many firms said they can no longer hire enough workers if they curb wages
More firms are starting to pass on rising labour costs to sales prices
Many firms believe that an economy where wages and prices both rise is more favourable
Some firms expressed difficulty in hiring amid intensifying price competition

The main report can be found here. It isn't one that reveals too much but it does reaffirm a slight shift in the price outlook mentality at least in Japan as of late.