Bank of Japan board member Junko Koeda: Service prices had been trending downwards several years ago, but recently, driven by sustained and robust wage growth, they are steadily pushing up the Consumer Price Index (CPI).

2026-05-21

Bank of Japan board member Junko Koeda: Service prices had been trending downwards several years ago, but recently, driven by sustained and robust wage growth, they are steadily pushing up the Consumer Price Index (CPI).