Report

Japan's Nominal Wages up Almost 1% in April

posted by Richard Katz on June 04, 2015

Found in Japan, categorized in Macro

Tags: TOE Richard Katz wage Japan economy

Report Cover

Headline

Some analysts look at the evidence behind the April headline numbers, and see a new trend of wage acceleration. Others are more skeptical. We’ve been in the skeptical camp, but prefer to wait a few more months before making a judgment.

Abstract

While April may have been cruel to Japan in many regards (see Alert of May 29), it was very kind on wage front. Nominal wages per worker were up 0.9% from last April—three times as much as the consensus forecast.

About Richard Katz

Richard Katz

Richard Katz is Editor of The Oriental Economist Report, a monthly newsletter on Japan, as well as the semi-weekly TOE Alert e-mail service on Japan, and is also a special correspondent at Weekly Toyo Keizai, a leading Japanese business weekly.

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