Wages rise for the first time in three months in Japan
According to figures released by the Ministry of Health, Labor and Welfare on Tuesday, nominal average monthly cash earnings per regular employee in Japan rose 1.1% year-on-year to Y271,621 in May. Overtime pay fell 3.2% in May, according to the data.
Base wages fell 0.4% in May, for the fifth straight month with a year-on-yeah drop.