Japanese real wages fell for the 23rd consecutive month in February, dropping 1.3% year-over-year.

Japanese real wages have fallen for the 23rd consecutive month in February, with inflation-adjusted real wages dropping 1.3% year-over-year. The wage trend is important for the Bank of Japan to assess pay and inflation outlooks, influencing its decision to adjust stimulus policies. Consumer inflation, which includes fresh food prices, grew 3.3%, accelerating from January's 2.5%.

April 08, 2024
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