Japan's real wages fall 1.4% in Aug., down for 8th straight month

Japan's real wages fell 1.4 percent in August from a year earlier, marking the eighth consecutive month of decline, as persistent inflation outpaced pay growth, government data showed Wednesday.Nominal wages, or the average monthly cash earnings per worker including base and overtime pay, increased 1.5 percent to 300,517 yen ($2,000), rising for the 44th straight month, the Ministry of Health, Labor and Welfare said.READ FULL ARTICLE