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Japan's Real Wages Decline for Eighth Consecutive Month

10/8/2025

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Story summary
  • August 2025: Real wages in Japan fell 1.4%, the eighth straight decline.
  • This followed a 0.2% July drop revised from earlier data.
  • Inflation slowed to 3.1% year over year in August, still above the Bank of Japan's 2% target.
  • Nominal wages rose 1.5% to 300,517 yen ($1,994). Special payments fell 10.5%, while overtime pay rose 1.3%.