Japanese Wages Fall Again In June

Even nominal wages fell in June in Japan, the first time this year that this has happened. Falling nominal wages had been a commonplace with Japan's deflation, but now that we have some form of inflation back, then this is rather more surprising. Monthly wages, including overtime and bonuses, decreased 0.6 percent in June from a year earlier to 463,013 yen ($4,294), according to the latest data