Japan concerned about negative aspects of weak yen on wage hikes, finance minister says By Reuters

Japan concerned about negative aspects of weak yen on wage hikes, finance minister says By Reuters post thumbnail image

TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about the negative aspects of the current weakness in the yen and its impact on incentives to increase wages.

“One of our major goals is to achieve wage increases that exceed the rise in prices,” Suzuki said. “On the other hand, if prices continue to remain high, it will be difficult to reach this target even if wages rise.”

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