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flag Japan's real wages dropped by 1.8% in January 2025, hit by faster price hikes than wage gains.

flag In January 2025, Japan's real wages fell by 1.8% year-over-year, the first decline in three months, due to rising prices, especially in food and gasoline, outpacing wage growth. flag Nominal wages increased by 2.8%, but a 4.7% rise in consumer prices reduced purchasing power. flag Spring wage negotiations will be crucial in potentially extending pay raises beyond large corporations to smaller businesses.

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