Wages in Japan increase slower than prices

Source: RTT News
Japanese labor cash earnings jumped 0.8% in December of the previous year on the annual basis, however inflation level in the country exceeds 1%, indicating that the real wages' growth in negative. In November, salaries advanced 0.6% annually. Therefore, wages in Japan rise for the second month in a row. At the same time, the downward trend persisted during the whole year 2013.
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Wed, 05 Feb 2014 10:59:07 GMT

Italian service industry on its way to start growing in upcoming months

Service industry in Italy showed a slight decrease in activity in January of the current year, dropping already for a third consecutive month, while the benchmark PMI Index, which shows the activity level in this particular sector, surged to 49.4 points from 47.9 in December. Therefore, the break-even point of 50 may be reached in upcoming months and the recovery

Wed, 05 Feb 2014 10:37:03 GMT

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