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Japan's Wages Struggle as Inflation Soars Past 3%

2/11/2026

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Story summary
  • Japan's Prime Minister Sanae Takaichi faces pressure as inflation erodes household purchasing power.
  • New labor ministry data show inflation-adjusted wages fell 1.3% in 2024.
  • Nominal wages rose 2.3% in 2024 but lag behind inflation, which exceeded 3%.
  • Rice prices rose by more than 60% in 2025, while other staples and energy costs also increased.