Japan’s Suzuki: Japan can see inflation-adjusted real wages turn positive by June 2024

Market news

8 November 2023

Japan’s Suzuki: Japan can see inflation-adjusted real wages turn positive by June 2024

Japanese Finance Minister Shunichi Suzuki on Wednesday, I “see June next year as critical timing where Japan can see inflation-adjusted real wages turn positive.”

We do not expect tax cut, which is part of the scheduled economic package, to continue for several years.” Suzuki added.

Market reaction

At the time of writing, USD/JPY is trading at 150.54, adding 0.14% on the day.

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