Japan's real wages turn positive for first time in eight months to 0.5% in July, nominal wage growth hits 7-month high

2 days ago 1
Wooden blocks with Japan map and business chart

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Japan's nominal wages jumped 4.1% year-over-year in July, beating expectations and marking the fastest growth in seven months. After months of decline, real wages—a measure of purchasing power—grew by 0.5%, the first positive reading since last December.

The positive shift

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