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Taiwan's Real Regular Wages Up 1.45% in First Three Months, Largest Increase in 11 Years

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According to the latest wage statistics released by Taiwan's Directorate-General of Budget, Accounting and Statistics (DGBAS), real regular wages for employees in industrial and service sectors increased by 1.45% year-on-year from January to March this year, marking the largest increase in 11 years for the same period. Real total wages also rose by 1.98%, the largest increase in eight years for the same period, indicating that wage growth has outpaced inflation.

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