November Inflation-adjusted real wages comes in at -1.6% y/y
- prior -0.7% in October
- biggest decline since December 2020
Nominal total cash earnings 0.0% change y/y
- prior + 0.2% gain in October
Inflation data from Tokyo was out at the same time:
Preview Mode
Japan wages data forNovember - real wages fell in November for a third month
- Inflation outstripped stagnant nominal wages
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