Japan’s real wages drop at fastest pace since 2014 as hot inflation takes toll
TOKYO – Japan’s real wages fell the most in nearly nine years in January, official data showed, as four-decade-high inflation squeezed the purchasing power of consumers and undercut efforts by policymakers to revive a COVID-ravaged economy. Wage trends in the world’s third-largest economy are under close market scrutiny because Bank of Japan officials have said … Continue reading Japan’s real wages drop at fastest pace since 2014 as hot inflation takes toll
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