Japan March wages post biggest rise in over 14 years
Jiji -- May 10
Japan's overall average wages in March increased 2.1 pct from a year before to 284,464 yen, up for the eighth consecutive month and posting the biggest growth since June 2003, the labor ministry said in a preliminary report on Wednesday.

Amid a steady rise in pay, many companies are believed to have paid special one-time benefits reflecting strong earnings performances.

The inflation-adjusted real wage index for March rose 0.8 pct, up for the first time in four months.

The consumer price index for the month, excluding estimated rent by homeowners, was up 1.3 pct, but nominal wage growth outpaced the price increase.

Regular pay was up 1.3 pct at 243,968 yen, while nonregular pay, such as overtime, increased 1.8 pct to 20,265.

News source: Jiji
Sep 21
The Bank of Japan has for years bought Japanese stocks as part of its huge massive monetary easing program to lift the country out of deflation and hit a 2 percent price-stability target. (Nikkei)
Sep 21
A new report shows that people in Japan are sitting on a record pile of financial assets. It credits a surge in stock prices as the main factor. (NHK)
Sep 20
Bank of Japan Governor Haruhiko Kuroda said Wednesday that no change has been made to the central bank's resolve to attain its 2 pct inflation target at an early date. (Jiji)
Sep 19
The average land price in Japan as of July 1 increased 0.1 pct from a year before, the first rise since 1991, when the country's asset bubble era was ending, the land ministry said Tuesday. (Jiji)
Sep 17
The number of one-yen coins in circulation has fallen sharply in Japan, as consumers increasingly choose cashless payments with electronic money or credit cards. (Jiji)
Sep 17
Despite a much-heralded debut 18 years ago, 2,000-yen bills failed to find wide appeal, leaving them seldom sighted recently. (Jiji)
Sep 15
Some 60 pct of Japanese people are positive about a government plan to expand the intake of foreign workers by introducing new five-year resident status for them next April, the results of a recent Jiji Press survey suggested. (Jiji)
Sep 11
Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin have concluded their meeting in Russia's Far East. They agreed to draw up a schedule of joint economic projects on the islands known as the Northern Territories. (NHK)
Sep 08
US President Donald Trump has pressured Japan to reduce its trade deficit with the US. (NHK)
Sep 08
Japan's price-adjusted real wage index in July rose 0.4 pct from a year before, up for the third consecutive month, the labor ministry said in a preliminary report Friday. (Jiji)