

By Kaori Kaneko and Tetsushi Kajimoto
TOKYO (Reuters) -Japan's real wages in November fell 3.8% from a year earlier, their fastest rate in more than eight years, as inflation undercut workers' pay, dealing a blow to policymakers' hopes of achieving faster economic growth led by higher wages.
Adding to the gloom, nominal annual pay growth slowed markedly in November, even though wages were up for an 11th straight month, official data showed on Friday, reflecting slow recovery from COVID-induced doldrums.
Growth in real wages - nominal wage growth adjusted for inflation - is a key indicator of consumer purchasing power.
The data underscored the challenge for Prime Minister Fumio Kishida's government in seeking faster wage hikes that outpace rising inflation, encourage spending and stimulate the economy. The objective is the focus of the upcoming annual "shunto" labour-management talks to be concluded in mid-March.
With record profits, Japanese firms have piled up internal cash and other reserves that by September were worth 500 trillion yen ($3.7 trillion). The companies are expected to offer pay rises of around 2.7%, versus the previous year's 2.07%.
That would fall far short of the 5% demanded by the Japanese Trade Union Confederation, known as Rengo, and would not match core consumer inflation, which is at a more than four-decade high.
Sluggish wage recovery remains a pressing issue for Japan as surging living costs hurt households and weigh on consumer spending in the economy, the world's third largest.
Kishida this week urged firms to accelerate wage hikes that exceed the rate of inflation to prevent stagflation.
November's 3.8% annual fall in inflation-adjusted real wages was the greatest since a 4.1% drop in May 2014, when they had been affected by rises in sales tax, the labour ministry said.
The consumer price index that the ministry uses to calculate real wages, which includes fresh food but not the rent value of owner-occupied homes, was 4.5% higher in November that a year earlier, the quickest pace of increase since June 1981.
Nominal total cash earnings were up an annual 0.5% in November, but the pace of growth slowed from a revised 1.4% gain seen in October, led by falls in special payments such as bonuses.
($1 = 133.6 yen)
EUR/USD
1.0901
0.0000 (0.00%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (1)
Sell (9)
EUR/USD
1.0901
0.0000 (0.00%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (1)
Sell (9)
GBP/USD
1.2391
+0.0008 (+0.06%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (9)
USD/JPY
132.91
+0.26 (+0.20%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (6)
Sell (0)
AUD/USD
0.6716
+0.0009 (+0.14%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (5)
USD/CAD
1.3526
+0.0006 (+0.04%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (7)
Sell (0)
EUR/JPY
144.90
+0.29 (+0.20%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
EUR/CHF
0.9963
+0.0009 (+0.09%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (6)
Gold Futures
1,998.55
+0.85 (+0.04%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (9)
Silver Futures
24.043
+0.054 (+0.23%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (8)
Copper Futures
4.0880
-0.0235 (-0.57%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
Crude Oil WTI Futures
74.34
-0.03 (-0.04%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (8)
Sell (2)
Brent Oil Futures
78.45
-0.15 (-0.19%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (4)
Sell (2)
Natural Gas Futures
2.100
-0.003 (-0.14%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (0)
US Coffee C Futures
170.15
+0.45 (+0.27%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (6)
Euro Stoxx 50
4,285.42
+54.15 (+1.28%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (1)
Sell (7)
S&P 500
4,050.83
+23.02 (+0.57%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (0)
DAX
15,522.40
+193.62 (+1.26%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (0)
Sell (9)
FTSE 100
7,620.43
+56.16 (+0.74%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (2)
Sell (6)
Hang Seng
20,507.00
+197.87 (+0.97%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (6)
US Small Cap 2000
1,768.38
-3.22 (-0.18%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (5)
IBEX 35
9,207.10
+136.40 (+1.50%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
BASF SE NA O.N.
47.900
+0.720 (+1.53%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Bayer AG NA
57.78
+0.51 (+0.89%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Allianz SE VNA O.N.
211.80
+2.45 (+1.17%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (1)
Adidas AG
155.00
+8.58 (+5.86%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (6)
Deutsche Lufthansa AG
9.950
+0.303 (+3.14%)
Summary
NeutralMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (4)
Sell (4)
Siemens AG Class N
148.52
+2.22 (+1.52%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Deutsche Bank AG
9.289
+0.146 (+1.60%)
Summary
NeutralMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (6)
Sell (1)
EUR/USD | 1.0901 | ↑ Sell | |||
GBP/USD | 1.2391 | ↑ Sell | |||
USD/JPY | 132.91 | Neutral | |||
AUD/USD | 0.6716 | Neutral | |||
USD/CAD | 1.3526 | ↑ Buy | |||
EUR/JPY | 144.90 | ↑ Sell | |||
EUR/CHF | 0.9963 | ↑ Sell |
Gold | 1,998.55 | ↑ Sell | |||
Silver | 24.043 | ↑ Sell | |||
Copper | 4.0880 | ↑ Sell | |||
Crude Oil WTI | 74.34 | ↑ Buy | |||
Brent Oil | 78.45 | Neutral | |||
Natural Gas | 2.100 | ↑ Buy | |||
US Coffee C | 170.15 | Sell |
Euro Stoxx 50 | 4,285.42 | ↑ Sell | |||
S&P 500 | 4,050.83 | ↑ Buy | |||
DAX | 15,522.40 | ↑ Sell | |||
FTSE 100 | 7,620.43 | ↑ Sell | |||
Hang Seng | 20,507.00 | ↑ Sell | |||
Small Cap 2000 | 1,768.38 | ↑ Sell | |||
IBEX 35 | 9,207.10 | ↑ Sell |
BASF | 47.900 | ↑ Buy | |||
Bayer | 57.78 | ↑ Buy | |||
Allianz | 211.80 | ↑ Buy | |||
Adidas | 155.00 | Sell | |||
Lufthansa | 9.950 | Neutral | |||
Siemens AG | 148.52 | ↑ Buy | |||
Deutsche Bank AG | 9.289 | Neutral |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,645![]() ![]() (5 ![]() ![]() |
SJC HCM | 6,645![]() ![]() (15 ![]() ![]() |
SJC Hanoi | 6,645![]() ![]() (15 ![]() ![]() |
SJC Danang | 6,645![]() ![]() (15 ![]() ![]() |
SJC Nhatrang | 6,645![]() ![]() (15 ![]() ![]() |
SJC Cantho | 6,645![]() ![]() (15 ![]() ![]() |
Cập nhật 31-03-2023 10:41:34 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,981.30 | +18.06 | 0.92% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 23.960 | 24.430 |
RON 95-III | 23.030 | 23.490 |
E5 RON 92-II | 22.020 | 22.460 |
DO 0.05S | 19.300 | 19.680 |
DO 0,001S-V | 20.560 | 20.970 |
Dầu hỏa 2-K | 19.460 | 19.840 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $74.36 | +0.07 | 0.09% |
Brent | $78.40 | +0.12 | 0.15% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 23.270,00 | 23.640,00 |
EUR | 24.941,33 | 26.337,92 |
GBP | 28.339,40 | 29.547,82 |
JPY | 171,09 | 181,13 |
KRW | 15,65 | 19,06 |
Cập nhật lúc 10:35:49 31/03/2023 Xem bảng tỷ giá hối đoái |