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Economy

Winter bonuses eke out fifth year of growth in Japan

Average for full-time workers climbs 0.89% to $7,150

TOKYO -- Winter bonuses at Japanese companies are rising for a fifth straight year, but the overall increase of under 1% may not help much to advance Prime Minister Shinzo Abe's goal of invigorating consumer spending.

The weighted average bonus for all industries gained 0.89% from a year earlier to 808,646 yen ($7,133), according to a Nikkei Inc. survey based on a data as of Dec. 1. While the payout is the highest in nine years, growth failed to crack 1% for a second year in a row.

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