Japan Government Sees Income Growth Beating Inflation Next Year

 

Japan’s government expects per capita income growth to outpace inflation next fiscal year for the first time in three years.

Per capital income, including wage gains and tax cuts scheduled to take effect in June, will increase by 3.8%, exceeding the government’s 2.5% inflation forecasts, according to calculations released Thursday by the Cabinet Office.

https://www.bloomberg.com/news/articles/2023-12-21/japan-government-sees-income-growth-beating-inflation-next-year