Japan's average monthly wage earnings in May logged it first decline in four months, data from the Ministry of Health, Labour and Welfare showed Tuesday.
Cash earnings were down 0.8 percent annually, following a 0.2 percent rise in April. The decline was largely driven by a 39.9 percent fall in special payments, predominantly summer bonuses.
Meanwhile, regular pay gained 0.4 percent after falling 0.2 percent a month ago. Overtime pay grew at a pace of 6.4 percent, faster than the 5.7 percent increase seen in April.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.