Japan Wage Growth Accelerates, Lifting BoJ Rate Hike Odds
April data shows real wages rising 1.9% y/y, the fastest pace since 2024, strengthening the case for Bank of Japan tightening. Japan’s real wages climbed 1.9% year-on-year in April, exceeding the 1.7% forecast, as nominal wages surged 3.5%, the fastest growth since Decembe