Japan July Real Wages Rise 2.4%, Biggest Gain Since 2021
6 Articles
6 Articles
Japan July real wages rise 2.4%, biggest gain since 2021
By Satoshi Sugiyama TOKYO, Sept 8 (Reuters) - Japan's real wages rose 2.4% in July from a year earlier, marking the biggest increase since May 2021 and the seventh consecutive month of gains, government data showed on Tuesday, signalling that pay tre...
Real wages in July, reflecting rising prices, increased for the seventh consecutive month. According to the "Monthly Labor Survey" (preliminary figures), the average "total cash earnings (nominal wages)" per worker was 436,401 yen, a 4.7% increase from the same month last year. This marks the first time in 34 years and 4 months that wages have remained above 3% for six consecutive months. Furthermore, "real wages," reflecting price fluctuations,…
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