Thursday, 5 December 2019

Japan October real wages up for second straight month – government

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TOKYO (Reuters) - Japan's inflation-adjusted real wages inched up for a second straight month in October, government data showed on Friday, but a sales tax hike and the weak global economy raised worries about the prospect for consumer spending. The nation increased the sales tax to 10% from 8% on Oct. 1, a move seen as critical for fixing Japan's tattered finances but that could dampen consumer spending and hurt the economy

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