Japan real wages drop for 7th straight month in July

Thank Shinz, outstanding. Bet the Shinzos wage didn't shrink not an arrow for people just a dart for himself.

The last sales tax rise in April 2014 caused consumer sentiment to sour, leading to an economic downturn

I think this one will be much worst. When consumer spending stagnated in 2014, the global economy was doing well. This time getting hit reduced consumer spending abroad with stagnant spending in Japan will be a disaster.

Can someone say what or how much is the average salary. How much the drop is. Just so I can do my own calculations

It’s gonna be a bleak winter....