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Japan's real wages climbed 1.5% year-on-year in August, extending their rising streak to eight straight months. The government data, released Wednesday, credited higher wages and slower price growth. The trend points to improving purchasing power for Japanese workers as inflation eases.
Real wages in Japan climbed 1.5% year-on-year in August, extending their winning streak to eight straight months, newly published figures show. The gauge, which reflects workers' purchasing power after inflation is stripped out, has now risen steadily as prices for goods and services continue to draw close scrutiny.
Japan's real wages rose 1.0% year-on-year in March 2026, the third consecutive monthly increase, government data showed on May 2. The growth reflects gradual improvement in workers' real income after inflation adjustment. The ministry cautioned that maintaining the trend depends on consumer prices and policy effectiveness.
Despite economic growth and wage increases, Greek workers had the second-lowest real wages in the EU in 2023, according to Eurostat. Inflation has eroded one-third of Greek incomes since the 2009 crisis, while collective bargaining coverage has fallen sharply. Workplace deaths are also rising, with official figures likely undercounting fatalities.
