0516 GMT - Japan's real wages will likely keep falling in the next few months due to persistent inflation, SMBC Nikko Securities economists say. Government data released Friday showed that wages adjusted for consumer prices excluding imputed rent fell 2.1% in March from a year earlier, vsFebruary's 1.5% drop. The government has begun releasing figures for wages adjusted for overall consumer prices to make international comparisons easier. The common global measure showed a 1.5% on year fall in March. "As food price growth eases and the effects of base pay increases become apparent, real wages are likely to turn positive," SMBC Nikko economists say. They expect the new measure to start rising in the summer.(megumi.fujikawa@wsj.com)
(END) Dow Jones Newswires
May 09, 2025 01:16 ET (05:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.