BOJ mulls adding wage-related items to Tankan survey, Jiji reports

TOKYO : The Bank of Japan (BOJ) is considering adding wage-related items to its quarterly “tankan” business survey, Jiji news agency reported on Thursday.
By doing so, BOJ aims to analyse companies’ wage trends faster and more accurately to reflect on monetary policy decisions, Jiji said.
The central bank will first conduct experiments with a small sample of companies and interviews to decide the detailed steps, according to Jiji.
BOJ releases the results of its tankan survey, or the Short-Term Economic Survey of Enterprises in Japan, in April, July, October and December.