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Modest Japanese wage gains point to cautious consumption outlook

The wage data released on Tuesday suggests that the government still faces obstacles in generating a sustained increase in consumer spending needed to support faster economic growth.


JAPAN'S real wages, which are adjusted for inflation, posted their first gain in 11 months in November, helped by a rise in year-end bonuses, but economists warned that wages are unlikely to keep up with general price increases, which could hurt consumption.

The wage data...

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