Japan cash earnings growth slows to 1.3% yoy, real wages down for 16th month

<p>In July, Japan experienced slowdown in growth of labor cash earnings, recording increase of 1.3% yoy, a figure notably below expectation of 2.4% yoy. This decline comes in the wake of a 2.3% yoy surge in June and a 2.9% yoy hike in May. Drilling down into the details, while the base annual salary grew […]</p>
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