• Japanese wages increased by 0.2% year on year

Market news

6 January 2017

Japanese wages increased by 0.2% year on year

Wages increased by 0.2% year on year, which is slightly higher than the previous value of 0.1%, and coincided with the forecast of economists. This was reported today by the Ministry of Health, Labour and Welfare of Japan. Changes in salary levels - an indicator showing the average full-time employee's pre-tax income. This indicator takes into account compensation for overtime work and bonuses, but do not take into account the income received in the form of interest on financial assets or capital gains. Earnings contributes to consumption, and therefore the upward trend is considered to be an inflationary factor for the Japanese economy.

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