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News 2026-07-07 00:17 UTC

Japan's Nominal Wage Growth Decelerates to 3.2% in May

() -- Japan's average nominal wages, or total cash earnings, rose 3.2% year on year to 311,165 yen in May, according to data from the Ministry of Health, Labor and Welfare on Tuesday. The latest print missed the consensus forecast of 3.4% according to Trading Economics, and decelerated from the 3.6% rise in April. Spec