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In Japan, inflation is eroding wage gains, leaving households strained despite record salaries.
In Japan, rising inflation is fueling widespread concern, with nearly 73% of respondents in a recent Cabinet Office survey saying the government should prioritize tackling price increases, up from 66.1% last year.
Despite record average annual salaries of 4.78 million yen, many households feel little relief as food and living costs outpace wage growth.
Consumers report cutting back on dining out and expensive items, while discount events draw large crowds.
A growing number of workers remain in financial strain, with some falling into the underclass, and experts note that inflation is erasing gains despite rising incomes.
En Japón, la inflación está erosionando las ganancias salariales, dejando a los hogares tensos a pesar de salarios récord.