Japan Real Wages Down for 2nd Straight Month in Feb.
Tokyo, April 7 (Jiji Press)--Real wages in Japan fell for the second straight month in February as wage growth failed to outpace price rises amid continued price hikes for everyday items such as rice and vegetables, government data showed Monday.
The inflation-adjusted real wage index declined 1.2 pct from a year before, the labor ministry said in a preliminary report.
Nominal wages per worker, which include regular and nonregular pay, rose 3.1 pct to 289,562 yen, increasing for the 38th consecutive month.
The consumer price index excluding imputed rent, used to calculate the real wage index, remained high, growing 4.3 pct.
A reduction in government subsidies for gasoline and soaring prices offset the effect of wage increases, putting pressure on households.
(2025/04/07-12:23)
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