Japan Needs Pickup in Base Wages: HSBC's Devalier
June 27 (Bloomberg) -- Izumi Devalier, a Japan economist at HSBC Holdings Plc, talks about the nation's economic outlook.
Japan's consumer prices climbed at the fastest pace in 32 years, swelled by a sales-tax increase and higher utility charges that are squeezing household budgets as wage gains remain limited. Devalier speaks in Hong Kong with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)