Blog categorized as Japanese Household Consumption 2024

Japanese households face a deepening squeeze on purchasing power as real wages continue to decline despite recent union wage gains.  

05.04.24 08:08 PM - By Ezer - Comment(s)
Japanese households face a deepening squeeze on purchasing power as real wages continue to decline despite recent union wage gains.  
According to the Ministry of Internal Affairs and Communications' April household survey, real earnings for households with two or more people fell by 2.5% year-over-year in April 2024, marking the 17th consecutive month of decline.
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