Japan's real wages rise 1.9% in fourth straight monthly gain, supporting BOJ rate hike path
29d ago· 1 min readenNews
Summary
Japan's inflation-adjusted real wages rose 1.9% year-over-year in the latest reported month, accelerating from a revised 1.4% gain in the previous month. This marks the fourth consecutive month of real wage increases, supporting the case for the Bank of Japan to continue its interest rate hiking cycle.
Source
bskyJapan's real wages rise 1.9% in fourth straight monthly gain, supporting BOJ rate hike pathebx.shKey quotes
· 2 pulledJapan's real wages rose for the fourth month, backing the Bank of Japan's case for a rate hike.
Inflation-adjusted wages rose 1.9% from a year earlier, accelerating from a revised 1.4% gain in the previous month.
Inflation-adjusted wages rose 1.9% from a year earlier, accelerating from a revised 1.4% gain in the previous month, the labor ministry reported Friday.
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