Real wages in Japan fell for the 23rd consecutive month in February | Forexlive
Japan data for February 2024.
Labour cash earnings +1.8% y/y
- expected +1.8%, prior +2.0%
Real wages (ie inflation adjusted wages) -1.3% y/y
- expected -1.4%, prior -0.6%
At wage negotiations in March Japanese firms agreed to raise wages 5.24% this year, the biggest increase in 33 years.