Summer vacation budgets in Japan shrink despite wage hikes: survey

TOKYO, July 17 (Xinhua) -- The average budget for summer vacations in Japan has decreased from the previous year due to rising prices and a weaker yen, a recent survey showed on Wednesday.

The figure came in at 58,561 yen (about 374 U.S. dollars), down 2.6 percent year on year despite wage increases among major companies in the 2024 spring labor negotiations and the introduction of a flat-rate tax reduction in J