March 09, 2014

Japan's real wage income predicted to drop by 1.4 percent in 2014, Masaaki Kanno J.P.Morgan

Japanese Chocolate Gift Box Copyright Peter Hanami 2014
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¨Masaaki Kanno (J.P.Morgan's chief economist), predicts real wage income will drop 1.4 percent in 2014, the largest annual drop outside recessions since 1980, when records were first kept¨

Source: Wages of wars could put Japan back in play
By Henny Sender
Financial Times
Australian Financial Review
Thursday 27th February 2014, page 26

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