Another day, another indicator pointing to Japan's economic recovery starting to sputter.
Data released from the Ministry of Health, Labour and Welfare on Monday showed that real wages — compensation adjusted for inflation — rose in August just 0.2 percent from a year earlier, down from a 0.5 percent increase in July. Total cash earnings were up 0.5 percent, slowing from a 0.9 percent increase in July
The numbers make for grim reading, especially considering how feeble inflation is in Japan. Since June of last year, real wages have fallen in all but three months, indicating consumers' disposable income are continuing to be pinched.