Japan
- Authors:
- OECD
-
-
-
Pages
:
-
67–71
-
DOI
:
-
10.1787/eco_outlook-v2007-1-5-en
Hide /
Show
Abstract
The longest expansion in the post-war history of Japan remains on track, led by buoyant corporate activity, although stagnant wages have limited the positive impact on the household sector thus far. The further tightening of the labour market is projected to boost wage gains during 2007-08, leading to faster growth in private consumption and pushing inflation into positive territory.