TOKYO  – Japanese real wages fell for a 15th straight month in June on relentless price hikes, but nominal pay growth remained robust amid rising salaries for high-income workers and a broadening labor crunch. Japan's wage trends receive an unusual amount of attention from global financial markets as the Bank of Japan emphasizes sustainable pay hikes amid four-decade-high inflation as a prerequisite for dismantling its massive monetary stimulus. Inflation-adjusted real wages, a barometer of consumers' purchasing power, fell 1.

https://business.inquirer.net/414716/japan-june-real-wages-down-for-15th-month-despite-solid-nominal-growth

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