Japan inflation-adjusted wages slip in Sept as price rises offset pay growth

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TOKYO : Japan's inflation-adjusted wages fell for the second straight month in September, government data showed on Thursday, underlining the negative effect of persistently elevated prices on nominal pay.

The soft results came despite nominal pay showing gains and consumer inflation cooling down to the joint-slowest pace since April.

Real wages bumped into positive territory for June and July thanks to summertime bonuses.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Consumer Fell August Pace Nominal Prices Wages Rising September Real Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 07:33:08 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23454540

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