Japan's real wages increased by 0.4% in July, marking the second consecutive month of growth.
Japan's real wages increased by 0.4% in July, marking the second consecutive month of growth, driven by summer bonuses. This follows a 1.1% rise in June, ending a 27-month decline. Nominal wages rose 3.6% to 403,490 yen ($2,800), with special cash earnings up 6.2%. Excluding bonuses, average wages grew 2.7%, the largest increase in over 31 years, while overtime pay dipped slightly.
September 05, 2024
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