Zoroto:
That maybe so, but in those places wages are also rising.
Not so in Japan,.
Where Real Wages Are Falling Most Sharply (due to Inflation)
Wages are rising, but they are not keeping up with inflation. While pay negotiations may have resulted in wage increases in several sectors this year, overall increases will remain below the rise in consumer prices in many countries, as confirmed by data released by the OECD in its macroeconomic report. (Statista)
France: -0.8%
Canada: -1.2%
Japan: -1.5%
USA: -2.2%
GB: -2.7%
Germany: -4.3
(https://www.statista.com/chart/28952/change-in-real-wages/)
