Affected by inflation, Japan's real wages fell by 1.3% in June.

Jin10 data reported on August 6th, the Japanese government announced on Wednesday that due to persistent inflation offsetting the impact of summer bonuses, Japan’s real wages in June fell by 1.3% year-on-year, marking the sixth consecutive month of decline. The Japanese Ministry of Health, Labor and Welfare stated that nominal wages rose by 2.5% to 511,210 yen (equivalent to $3,500), increasing for the 42nd consecutive month. However, driven by rising prices of rice and other food items, the consumer price index used to calculate wage data climbed 3.8% in June, keeping the real wage growth in negative territory.