videodeuceswild|Japan's real wages up 1.1 pct in June

super2024-08-06 09:34:0314Economics

TOKYOvideodeuceswild, Augvideodeuceswild. 6 (Xinhua) -- Japan's average monthly wages in inflation-adjusted terms edged up 1.1 percent year on year in June, official data showed on Tuesday.

videodeuceswild|Japan's real wages up 1.1 pct in June

As a barometer of consumer purchasing power, the figure saw its first gain in 27 months, according to the Ministry of Health, Labor and Welfare.

Nominal monthly earnings, including base pay and overtime, grew 4.5 percent to 498,884 yen (about 3,440 U.S. dollars).