Japan’s nominal wages rises 1.9% yoy, highest in 11months

Japan’s nominal labor cash earnings increased by 1.9% yoy in May, up from April’s 1.6% growth. Despite this being the 29th consecutive month of growth and the most substantial increase in 11 months, it fell short of the expected 2.1% yoy. Regular pay saw a notable rise of 2.5% yoy, marking the best pace since […]

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