Japan Salaries Extend Slide as Inflation Begins to Take Root

28 Nov 2013 12:48 | JHRS (Administrator)

Japan’s salaries extended the longest tumble since 2010, increasing pressure on household finances as inflation begins to take root. Regular wages excluding overtime and bonuses fell 0.4 percent in October from a year earlier, a 17th straight monthly decline, according to labor ministry data released today. Total cash earnings rose 0.1 percent.

Source: http://www.bloomberg.com/

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