On September 5, 2025, Japan's Ministry of Health, Labour and Welfare released the year-on-year labor cash earnings data for August. The reported figure was 4.10%. No consensus forecast was provided; the previous value was also 4.10%.This indicator reflects average wage growth and serves as a measure of economic development and inflationary trends in the country. It is assigned an importance rating of 1. The statistical methodology compares the average income of full-time employees (excluding taxes), including overtime pay and bonuses but excluding dividends and financial asset income, for the current month against the same month in the previous year.The data is published monthly, with the next release scheduled for November 6, 2025.
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