Soaring Asian Wage Bill Sets Stage for Global Inflation Pressure

Soaring Asian Wage Bill Sets Stage for Global Inflation Pressure

Dimas Ardian/Bloomberg

Workers attach ropes onto a crane hook at the Tanjung Priok port in Jakarta. In Jakarta, the capital of Indonesia and home to 10 million people, Governor Joko Widodo last year approved a 44 percent increase in minimum pay for workers, to 2.2 million rupiah ($227) a month.