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Japan’s Wage Growth Disappoints in January, Real Earnings Fall the Most Since 2014

Japan’s Wage Growth Disappoints in January, Real Earnings Fall the Most Since 2014
Japan’s nominal labor cash earnings rose by 0.8% yoy in January, below expectations of 1.9% yoy. The strong growth rate of 4.1% yoy in December was an anomaly due to lump-sum payments, rather than regular wage rises. The level of wage growth is far below the required level needed to maintain a 2% inflation rate, […] The post Japan’s Wage Growth Disappoints in January, Real Earnings Fall the Most Since 2014 appeared first on Action Forex... Read More
Posted: Mar 7 2023, 02:46
Author Name: actionforex
Views: 102892

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