Economic Calendar

Monday, August 18, 2008

Japan Wages Revised to 0.4% Increase in June, Helping Consumers

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By Toru Fujioka

Aug. 18 (Bloomberg) -- Japan's wages rose for a sixth month in June, revised figures showed today, easing concern for households facing decade-high inflation.

Monthly wages, including overtime and bonuses, climbed 0.4 percent from a year earlier, compared with a 0.6 percent drop reported last month, the Labor Ministry said in Tokyo today.

To contact the reporter on this story: Toru Fujioka in Tokyo at tfujioka1@bloomberg.net


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