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Japanese real wages fell 1.4% in August 2025, marking eight straight months of declining purchasing power due to inflation outpacing wage growth.
Japanese workers saw real wages fall 1.4% in August 2025, the largest drop in three months, marking eight straight months of declining purchasing power.
Inflation at 3.1% outpaced nominal wage growth of 1.5%, with base pay rising 2.0% and overtime up 1.3%.
Special payments, including summer bonuses, dropped 10.5%, likely due to reduced corporate payouts.
The Bank of Japan maintains cautious monetary policy amid persistent inflation and uncertainty over U.S. tariffs, with officials expecting wage growth to continue into next year.
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Los salarios reales japoneses cayeron 1.4% en agosto de 2025, marcando ocho meses consecutivos de disminución del poder adquisitivo debido a que la inflación superó el crecimiento de los salarios.