Japan's Real Wages Rise for Fourth Month, Consumer Spending Declines
Japan's real wages increased for the fourth consecutive month in April, strengthening the case for a Bank of Japan interest rate hike. However, household consumer spending continued its decline for the fifth straight month, although the pace of decrease slowed.
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Japan’s Real Wages Rise For Fourth Month, Backing BOJ Hike - Bloomberg.com
Japan’s Real Wages Rise For Fourth Month, Backing BOJ Hike Bloomberg.com
Read full article →Japan’s real wages rise for fourth month, backing BOJ hike
Inflation-adjusted wages rose 1.9% from a year earlier, accelerating from a revised 1.4% gain in the previous month, the labor ministry reported Friday.
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