Japan data for December: Real wages -2.2% y/y and Household spending -0.2% y/y
Dour Japanese data yet again. Info via Reuters report.
Real wages:
down 2.2% year-on-year in December, the biggest drop since a 2.3% fall in May 2020
For the whole of 2021, real wages were flat, snapping two years of declines after a 1.2% fall in 2020 and a 1.0% drop in 2019
Nominal t
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