Japan's real wages drop in January, spring wage talks in focus

Cătălin Roșioru

TOKYO : Japan's real wages fell in January after two months of slight gains, data showed on Monday, days before the annual rounds of pay negotiations held each spring culminate at the country's major firms. Despite regular pay rising the most in more than 30 years and overtime pay increasing, lifting nominal wages, inflation at a two-year high dragged down real wages - the indicator policymakers see as key to achieving consumption-driven economic growth. The Bank of Japan is widely expected to

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Japan's real wages drop in January, spring wage talks in focus https://www.channelnewsasia.com/ - 03:17
Japan's real wages drop in January, spring wage talks in focus https://www.channelnewsasia.com - 01:46

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Japan's real wages drop in January, spring wage talks in focus https://www.channelnewsasia.com/ - 03:17
Japan's real wages drop in January, spring wage talks in focus https://www.channelnewsasia.com - 01:46