Japan’s Yata: Must continue wage hikes next year and thereafter to defeat deflation

Wakako Yata, a special advisor to Japan's Prime Minister Fumio Kishida for wages and employment, said on Wednesday, “wage hikes this year are likely to exceed last year's.”

Additional comments

Must continue wage hikes next year and thereafter to defeat deflation.

Must broaden wage hikes to workers nationwide and in every prefecture.

Government won't meddle with BoJ's independent policy-making.

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