Japan’s real wages shrinks in February

TOKYO: Japan’s average monthly wages in inflation-adjusted terms logged the 23rd straight month of decline in February as price increases continued to outpace nominal earnings growth, official data showed on Monday. Inflation-adjusted real wages, a barometer of consumer purchasing power, fell 1.3 percent from the same month last year, according to the Ministry of Health, […]

Japan’s real wages shrinks in February

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TOKYO: Japan’s average monthly wages in inflation-adjusted terms logged the 23rd straight month of decline in February as price increases continued to outpace nominal earnings growth, official data showed on Monday.

Inflation-adjusted real wages, a barometer of consumer purchasing power, fell 1.3 percent from the same month last year, according to the Ministry of Health, Labor and Welfare.

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