May 10 (NHK) - Real wages in Japan have fallen year over year for the 12th straight month, as rising consumer prices continued to eat into workers' earnings.
Preliminary figures from the labor ministry show that wages were down 2.9 percent in March from a year earlier after being adjusted for inflation.
Workers earned an average of 291,081 yen, or about 2,160 dollars, including overtime. That's up 0.8 percent in yen terms from the same time in 2022.
But the gains were canceled out by surging inflation. ...continue reading
Source: ANNnewsCH