{"id":559441,"date":"2026-08-05T05:30:11","date_gmt":"2026-08-05T05:30:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/559441\/"},"modified":"2026-08-05T05:30:11","modified_gmt":"2026-08-05T05:30:11","slug":"japans-nominal-wages-rise-again-backing-boj-rate-hike-case","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/559441\/","title":{"rendered":"Japan\u2019s nominal wages rise again, backing BOJ rate hike case"},"content":{"rendered":"<p>Japanese wage growth remained firm in June on the back of solid corporate earnings and a tight labor market, bolstering the case for another Bank of Japan interest rate hike in coming months.<\/p>\n<p>Nominal wages climbed 3.4% in June from a year earlier, following a revised 3.3% increase in May, the labor ministry reported Wednesday. The reading matched the median estimate in a Bloomberg survey of economists and extended the run of gains exceeding 3% to five months, the longest such streak in 34 years.<\/p>\n<p>Base pay also advanced 3.4%, while a more stable measure \u2014 which strips out bonuses and overtime and sampling distortions \u2014 rose 2.9% for full-time workers. Real wages gained 1.7%, marking a sixth straight month of gains, the longest streak since 2021. Not excluding rents, real wages gained 1.7%.<\/p>\n","protected":false},"excerpt":{"rendered":"Japanese wage growth remained firm in June on the back of solid corporate earnings and a tight labor&hellip;\n","protected":false},"author":2,"featured_media":559442,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[30379,138,219,23122,39489,111,139,69,33281],"class_list":["post-559441","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-boj","tag-business","tag-economy","tag-japanese-economy","tag-kazuo-ueda","tag-new-zealand","tag-newzealand","tag-nz","tag-wages"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/559441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=559441"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/559441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/559442"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=559441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=559441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=559441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}