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Japan Sep Wages Rise; Real Pay Positive

From mninews.marketnews.com

Japan's average wages rose 0.8% year-on-year in September following a 0.1% fall in August, with real wages now back in positive territory, preliminary data released Friday by the Ministry of Health, Labour and Welfare showed. Here are the key points from the Monthly Labour Survey: --Total monthly average cash earnings per regular employee in Japan rose 0.8% year-on-year to Y272,937 in September, the first rise in three months following a 0.1% fall in August. --In real terms, average wages rose 0.6% year-on-year in September, the first rise in nine months following a 0.5% fall in August. Total CPI minus impute rents ... (full story)

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  • Category: Fundamental Analysis