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Japan's Amari - expect wage negotiations to lead to a rise in real wages

Published 23/01/2015, 04:02
© Reuters. Japan's Economics Minister Akira Amari arrives at Prime Minister Shinzo Abe's official residence in Tokyo

TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Friday he expects annual wage negotiations between companies and labour unions this spring will lead to a gain in real wages.

© Reuters. Japan's Economics Minister Akira Amari arrives at Prime Minister Shinzo Abe's official residence in Tokyo

Amari said in a speech at a seminar that it is important to have a positive economic cycle where rising corporate profits are used to increase salaries and capital expenditure.

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