When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: it hiked hourly wages by a third. "For us, even a one- or two-yen rise in raw materials costs is tough, so to increase hourly pay by even 10 yen is extremely challenging as we need to generate far more sales," said marketing director Takehiro Ehashi. After a round of internal discussions, Yamada-udon decided to renovate the store, in Meiwa, Gunma prefecture, offering 1,300 yen an hour for the first three months.
Japan s core inflation slowed
for a second straight month in April due to milder food
inflation while staying comfortably above the central bank s 2%
target, government data showed on Friday. . -May 23, 2024 at 07:36 pm EDT
- MarketScreener
Japan s April Inflation Slows Further to 2 2%, Matches Forecast usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
TOKYO (Reuters) -Japan's core inflation slowed for a second straight month in April due to milder food inflation while staying comfortably above the central bank's 2% target, government data showed on Friday. The nationwide core consumer price index (C.
Japan s exports rose 8.3% in
April from a year earlier, data by the Ministry of Fiance showed
on Wednesday. The reading compared with an 11.1% gain expected by
economists in a Reuters. -May 21, 2024 at 07:52 pm EDT
- MarketScreener