Forex
globalreutersJanuary 8, 20251 Mins read
Japan wages data: Inflation adjusted real wages -0.3% y/y
globalreutersJanuary 8, 20251 Mins read Japanese wages data for November 2024
Total cash earnings +3.0% y/y
- expected +2.7%, prior +2.2%
Overtime pay +1.6% y/y
- prior +0.7%
Base salary, or regular pay, rose 2.7% in November
- fastest increase since 1992
As noted in the headline, inflation-adjusted real
wages fell in November, down 0.3%
- prior -0.4%
- for the fourth straight month
This article was written by Eamonn Sheridan at www.forexlive.com.
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