Japan Oct inflation-adjusted wages mark first rise since Dec 2016
A Reuters report says Japanese inflation adjusted wages rose 0.2 percent in October from a year earlier, marking their first rise since December 2016 in a sign a tight job market may finally be leading to higher salaries.
Other key points
Wage earners’ nominal cash earnings rose 0.6 percent year-on-year, up for a third straight month.
Special payments, which include bonuses, slipped 0.5 percent year-on-year.
Regular pay, which determines base wages, rose 0.7 percent from a year earlier.
Overtime pay increased 0.2 percent.