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flag Japan's real wages fell for the 10th straight month in October, hit by inflation outpacing wage growth.

flag Japan's real wages fell for the 10th straight month in October, dropping 0.7% year-on-year as inflation at 3.4% outpaced nominal wage growth of 2.6%, the 46th consecutive month of increase. flag While nominal wages hit a three-month high, driven by regular pay, overtime, and bonuses, inflation—led by food costs—continued to erode purchasing power. flag The slowdown in real wage decline suggests some easing, but economic weakness persists, with third-quarter GDP revised down to a -2.3% annualized rate.

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