Japanese firms are starting to pass on rising labour costs to sales prices – BOJ survey

• Many firms said they can no longer hire enough workers if they curb wages
• More firms are starting to pass on rising labour costs to sales prices
• Many firms believe that an economy where wages and prices both rise is more favourable
• Some firms expressed difficulty in hiring amid intensifying price competition

The main report can be found here. It isn’t one that reveals too much but it does reaffirm a slight shift in the price outlook mentality at least in Japan as of late.

This article was written by Justin Low at www.forexlive.com.