{"id":617827,"date":"2026-09-08T03:40:10","date_gmt":"2026-09-08T03:40:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/617827\/"},"modified":"2026-09-08T03:40:10","modified_gmt":"2026-09-08T03:40:10","slug":"japans-wages-grow-most-since-1997-keeping-boj-on-rate-hike-path","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/617827\/","title":{"rendered":"Japan\u2019s wages grow most since 1997, keeping BOJ on rate-hike path"},"content":{"rendered":"<p>Japanese workers\u2019 nominal wages have risen at the fastest pace in nearly three decades on the back of strong corporate earnings and a tight labor market, in data likely to keep the Bank of Japan on course for further monetary tightening.<\/p>\n<p>Nominal pay climbed 4.7% in July from a year earlier, following a revised 4% increase in June, the labor ministry reported Tuesday. The gain, the biggest since 1997, far exceeded economists\u2019 forecast of 3.8% and marked a sixth straight month in which the advance exceeded 3%, the longest such streak in 34 years.<\/p>\n<p>Real wages \u2014 adjusted for inflation excluding rents \u2014 gained 2.4%, marking the largest gain in about five years. Base pay also advanced 4.1%, while a more stable measure \u2014 which strips out bonuses and overtime and sampling distortions \u2014 rose 2.7% for full-time workers.<\/p>\n","protected":false},"excerpt":{"rendered":"Japanese workers\u2019 nominal wages have risen at the fastest pace in nearly three decades on the back of&hellip;\n","protected":false},"author":2,"featured_media":617828,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,5466,113,61,60,8672,22122],"class_list":["post-617827","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economic-indicators","tag-economy","tag-ie","tag-ireland","tag-japanese-economy","tag-wages"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/617827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=617827"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/617827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/617828"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=617827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=617827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=617827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}