Japan wages data: Inflation adjusted real wages -0.3% y/y ...Middle East

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Japan wages data: Inflation adjusted real wages -0.3% y/y

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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