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2026-03-25 12:08:06
[Japan's Average Monthly Salary for Full-Time Employees Reaches Record High for Fourth Consecutive Year, Reaching 340,600 Yen in 2025] 1. Data released by Japan's Ministry of Health, Labour and Welfare on Tuesday showed that the average monthly salary for full-time employees in Japan will reach 340,600 yen (excluding overtime pay and other additional compensation) in 2025, marking a record high for the fourth consecutive year and a 3.1% increase compared to 2024. This also marks the second consecutive year that the growth rate has remained around 3%. 2. The continued wage growth reflects the tight labor market in Japan and the pressure for wage adjustments under an inflationary environment. However, the current conflict in the Middle East has led to soaring energy prices, which may erode real purchasing power and pose a challenge to Japan's economic recovery. 3. The Bank of Japan is closely monitoring the interaction between wages and inflation. Although nominal wages are at a record high, real wage growth after adjusting for inflation remains a key factor in the central bank's decision-making regarding its policy path. The market is focused on whether the results of the spring wage negotiations will provide a basis for further interest rate hikes by the central bank.
