Japan’s real wages fall -2.5% yoy, declining for 24th consecutive month

In Japan, real wages fell notably by -2.5% yoy in March, marking a worsening trend from the previous month’s -1.8% yoy. It also extended the streak of declines to 24 consecutive months—the longest since such data was first recorded in 1991. Nominal wages, which include total cash earnings, grew modestly by 0.6% yoy in March, […]

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