Japan’s Kishida wants businesses to make higher wage hikes next year

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday asked business leaders to raise wages in next year’s spring labour negotiations to a level higher than this year’s against the backdrop of rising prices.

Kishida spoke during a meeting with business leaders and labour unions at the Prime Minister’s Office.

(Reporting by Kentaro Sugiyama; Writing by Satoshi Sugiyama; Editing by Muralikumar Anantharaman)