Average monthly wage in Japan continues to decline

The latest government figures show that the average wage for workers in Japan continues to decline.

The labor ministry released the preliminary results on Tuesday, from its survey of about 31,000 businesses.

In August, workers earned about 276,000 yen on average, or approximately 2,570 dollars. This includes their base wage, plus any overtime and other payments.

In nominal terms, the figure was down 0.2 percent year-on-year, for the second consecutive month of decline.

In price-adjusted real terms, it was down 0.6 percent, marking a drop for the eighth consecutive month.

The average nominal wage of full-time workers rose 0.2 percent, while those of part-timers fell 0.1 percent.

The labor ministry says that since the start of this year, wages continue to decline despite a rise in consumer prices.