Second round of tallying by Japan's Rengo indicates that the average wage increase was 5.12% (vs initial 5.26%), via Nikkei; small and medium-sized enterprises at 5.03%

Japan's Rengo's second-round wage increase tally shows an average rise of 5.12%, slightly down from the initial 5.26%. This moderation, especially among small and medium-sized enterprises at 5.03%, suggests potential limits on wage growth, which could impact inflation expectations and monetary policy discussions moving forward.