US EditionBREAKING NEWS: Japan's real wages in June fall 1.3%, down for 6th straight month
JAPAN, AUG 6 – Inflation rose 3.8% in June, outpacing nominal wage growth of 2.5%, leading to a sixth straight month of declining real wages in Japan, labor ministry data showed.
- Japan's inflation-adjusted real wages fell 1.3 percent in June 2025, marking the sixth consecutive monthly decline nationwide.
- The decline in real wages occurred despite nominal wages rising 2.5 percent year-on-year, as inflation climbed 3.8 percent in June.
- Government data shows total cash earnings rose to 511,210 yen on average, driven by a 3 percent increase in special payments including summer bonuses.
- Major Japanese firms agreed to more than 5 percent wage hikes in spring 2025, while the Bank of Japan monitors wage and price trends amid ongoing rate hike efforts.
- The continued real wage decline suggests consumer spending may remain constrained, raising concerns about the strength of Japan's economic recovery.
10 Articles
10 Articles
Real wages in Japan down 1.3% in June
Tokyo (Jiji Press) — Japan’s inflation-adjusted real wage index dropped 1.3 percent in June from a year before because of rising prices, decreasing for the sixth consecutive month, a labor ministry survey showed Wednesday. Nominal wages continued to rise as companies raised employee pay, but inflation picked up at a faster pace than wages. The
Japan’s Real Wage Falls for Sixth Straight Month in June
TOKYO, Aug 6 (Reuters) - Japan's real wages fell in June for the sixth consecutive month as inflation continued to outpace pay growth, government data showed on Wednesday, raising concerns about consumption-led recovery in the world's fourth-largest economy.
Real wage growth remains negative – Commerzbank
The post Real wage growth remains negative – Commerzbank appeared on BitcoinEthereumNews.com. This morning, data on wage growth in Japan was published, once again underscoring our scepticism that the Bank of Japan (BoJ) will raise interest rates again anytime soon. The BoJ still expects robust wage growth in Japan to lead to solid domestic demand, which should keep inflation close to target and enable the central bank to raise interest rates fur…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
