Wages in Japan increase slower than prices

Note: This section contains information in English only.
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

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