Wages in Japan see modest nominal growth

The Japan Times

Japan’s real wages were flat in April from a year earlier, while nominal wages grew 0.8 percent for the ninth consecutive monthly increase amid a recent rise in base salaries, the labor ministry said Wednesday. The average of total cash earnings, including base and overtime pay, per worker, rose to ¥277,272 ($2,500) on a nominal basis, according to the ministry’s preliminary data. With Japan seeking to beat...