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Japan Oct. Real Wages Down for 3rd Straight Month

Japan Oct. Real Wages Down for 3rd Straight Month

   Tokyo, Dec. 7 (Jiji Press)--Japan's inflation-adjusted real wage index in October fell 0.1 pct from a year before, down for the third consecutive month, a labor ministry report showed Friday.
   Prices grew at a faster pace than wages, according to the report. The consumer price index excluding imputed rent increased 1.7 pct partly due to rises in electricity rates and gasoline prices.
   Total wages per person, including regular and overtime pay as well as bonuses, went up 1.5 pct to 271,333 yen, up for the 15th consecutive month.
   Regular pay rose 1.3 pct to 244,509 yen, and nonregular pay, such as overtime, increased 1.9 pct to 20,088 yen. Special pay, including bonuses, grew 6.8 pct to 6,736 yen.

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AFP-JIJI PRESS NEWS JOURNAL


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