Wage growth in Japan is now outpacing inflation. Nominal wages have climbed more than 3% year-on-year for four straight months—the longest streak since 1992. Real wages have also stayed in positive territory for five consecutive months. #JapanisBack
Source: Monthly Labour Survey
Japanese wages climbed again in May, comfortably outpacing inflation and reinforcing the Bank of Japan’s stance toward raising interest rates bloomberg.com/news/articles/…