TOKYO -- Real wages in Japan dropped for the 17th straight month, the government said Friday, with average earnings declining 2.5% in August from a year earlier.
Pay rises, price increases are key to Bank of Japan's next move
Commuters walk near Tokyo station on July 27: Inflation-adjusted wages have fallen in Japan for 17 months in a row. (Photo by Nanami Sato)
TOKYO -- Real wages in Japan dropped for the 17th straight month, the government said Friday, with average earnings declining 2.5% in August from a year earlier.