Japan's govt revises July real wages to 0.2% decline (vs preliminary 0.5% increase)

Japan's govt revises July real wages to 0.2% decline (vs preliminary 0.5% increase):

• nominal wages or total cash earnings rose 3.4% y/y, down from the preliminary reading of 4.1% gain.
• With the revision, Japan's inflation-adjusted real pay has been logging contraction for seven consecutive months

This raises questions on the Bank of Japan's ability to raise its short term interest rate.