Japan real wages eke out first rise in a year as COVID-19 hits prices

Japan real wages eke out first rise in a year as COVID-19 hits prices

Today·2021-04-06 08:00

TOKYO - Japan's real wages rose for the first time in a year in February, the government said on Tuesday, largely due to prices weakening as the coronavirus pandemic continued to weigh on the economy.

The health crisis and steps taken to keep it in check are having a big impact on the world's third-largest economy, which is expected to have contracted in the first quarter due to weakening consumer spending.

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