TOKYO July 7 (Jiji Press) — Japan’s inflation-adjusted real wage index in May dropped 1.2 % from the year before, down for 14 months in a row, the labor ministry said Friday.
Still, the May drop was smaller than the 3.2 % decline marked a month earlier, apparently reflecting pay hike agreements at many companies in this year’s “shunto” spring labor-management talks.
Source:
https://japannews.yomiuri.co.jp