The pick-up in wage growth in January was broad-based. However, with regular pay growth still around 0%, the coming energy-driven surge in inflation towards the BoJ’s 2% target won’t be sustained.
Drop-In (8 March, 10:00 EST/15:00 GMT): We’re discussing Russian energy imports and Europe’s energy needs in this special 20-minute briefing on one of the big sticking points in the western response to the war in Ukraine. Register here.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.