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The Telltale Sign That Japan Pay Rises Are Coming

That's the view of one economist, who sees strong pay raises coming
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Photographer: Akio Kon/Bloomberg
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Never mind Japan’s upcoming annual spring wage talks, which are expected to see labor unions take another drubbing from the country’s biggest companies.

Demographics may provide the pay raises needed to help invigorate Japan’s economy and nudge price gains toward the central bank’s 2 percent inflation goal by the end of next year, according to Robert Feldman, a senior adviser at Morgan Stanley MUFG Securities Co. in Tokyo.