Japanese real wages fell for a 15th straight month in June on relentless price hikes, but nominal pay growth remained robust amid rising salaries for high-income workers and a broadening labour.
TOKYO :Japanese real wages fell for a 15th straight month in June, while nominal pay growth also slowed, suggesting companies will need to do more on salary hikes to drive a virtuous growth cycle and allow the central bank to consider exiting easy policies.Separate data on Tuesday showed Japan's consumer spen
The National Personnel Authority will consider details of the proposed measures and the timings of implementing them, with the aim of revising related laws.