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.”
Source: Economy - investing.com
