Japan’s October real wages fall for 10th month despite upbeat nominal pay
NegativeFinancial Markets

- Japan's real wages fell for the tenth consecutive month in October, despite an increase in nominal pay, indicating a troubling trend for workers as inflation continues to outpace wage growth.
- This decline in real wages raises concerns about consumer spending power and overall economic stability, as households face rising costs without corresponding increases in their purchasing power.
- The broader economic context reveals mixed signals, with manufacturing activity showing signs of contraction and household spending declining at its fastest rate in nearly two years, highlighting persistent challenges in Japan's economy.
— via World Pulse Now AI Editorial System



