Japan's total labor cash earnings increased at a slower-than initially expected rate in April after remaining unchanged in the previous month, a final report from the Ministry of Health, Labor and Welfare showed Thursday.
Total earnings rose 0.7 percent year-on-year in April to JPY 273,873, slower than the preliminary estimate of 0.9 percent. April's growth was the highest thus far this year. In March, labor cash earnings remained stable.
Contractual earnings rose 0.4 percent in April, revised downwardly from the 0.5 percent increase estimated previously. Scheduled earnings growth was revised down to 0.4 percent from 0.6 percent.
Total real wage growth was confirmed at 0.1 percent, recovering from the 2.7 percent drop in the preceding month. Total hours worked increased 1.2 percent.
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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.