Japan's real wages dropped for 13th straight month in April
Persistent inflation overwhelms workers' nominal pay raises
Rising prices are eating into Japanese workers' nominally higher paychecks and their disposable income. (Photo by Makoto Okada)
TOKYO -- Japan's average monthly wage dropped 3.0% in inflation-adjusted real terms in April from a year earlier, marking the 13th straight month of decline, labor ministry data shows.
The decline in April compares with a fall of 2.3% in March and demonstrates that recent wage increases were too modest to offset persistent inflation.
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