TOKYO -- Japan's overall income has grown to all-time highs, but the gains are concentrated in corporate earnings and have yet to bring higher household spending.
Record $4.2tn gross national income lifted by overseas earnings, dividends
Total cash pay for full-time Japanese workers rose only 1.7% in July, well below the inflation rate. © Reuters
TOKYO -- Japan's overall income has grown to all-time highs, but the gains are concentrated in corporate earnings and have yet to bring higher household spending.