Japan’s Kishida wants businesses to make higher wage hikes next year

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Fumio Kishida, Japan's prime minister, holds news conference in Tokyo

Fumio Kishida, Japan’s prime minister, speaks during a news conference at the prime minister’s official residence in Tokyo, Japan, November 2, 2023. Kiyoshi Ota/Pool via REUTERS/File Photo Acquire Licensing Rights

TOKYO, Nov 15 (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday asked business leaders to raise wages in next year’s spring labour negotiations to a level higher than this year’s against the backdrop of rising prices.

Kishida spoke during a meeting with business leaders and labour unions at the Prime Minister’s Office.

Reporting by Kentaro Sugiyama; Writing by Satoshi Sugiyama; Editing by Muralikumar Anantharaman

Our Standards: The Thomson Reuters Trust Principles.

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