Japan’s wage story continues to move in the direction the Bank of Japan has long hoped for. Nominal wages rose 3.5% yoy in April, accelerating from 3.1% yoy and beating market expectations of 3.2% yoy. The increase marked the third straight month with wage growth above 3%, something not seen in more than three decades. […]The post Japan Wage Growth Surges to 34-Year High Streak, Consumption Still Lags appeared first on ActionForex.