TOKYO  – Japanese real wages extended their fall to a 16th consecutive month in July, government data showed on Friday, as salaries failed to keep up with rising prices. Global financial markets closely follow wage trends in the world's third largest economy as the Bank of Japan emphasizes sustainable wage rises as a prerequisite for deciding whether and how to pull the plug on its ultra-loose monetary stimulus. Inflation-adjusted real wages, a barometer of consumers' purchasing power, slid 2.

https://business.inquirer.net/419794/japan-real-wages-fall-for-16th-straight-month-in-july

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