Japanese Real Wages Continue Downward Trend, Facing Sixth Consecutive Month of Decline
Tokyo, Japan – August 13, 2025 – A recent report from the Marubeni Institute of Economics, published on August 12th, 2025, highlights a persistent challenge for the Japanese economy: a continued decline in real wages. The report, titled “World Economic Overview (Japan, US, China, Europe),” authored by Li Xuelyan, Takuya Shimizu, Yohei Katakawa, and Yuri Ise, indicates that real wages in Japan have fallen year-on-year for six consecutive months.
This sustained contraction in real wages suggests that the pace of wage growth is not keeping up with the rate of inflation, eroding the purchasing power of Japanese households. While the report does not delve into the specific causes of this trend in detail, it points to a broader economic landscape that may be contributing to this situation.
The ongoing decrease in real wages is a significant concern for economic policymakers and the general public alike. For individuals and families, it means a tangible reduction in their ability to afford goods and services, potentially impacting consumer spending and overall economic vitality. For businesses, it can create challenges in attracting and retaining talent if wage increases do not compensate for the rising cost of living.
The Marubeni Institute of Economics’ report, which also provides an overview of the global economic situation in the US, China, and Europe, places Japan’s wage situation within a wider international context. Understanding how other major economies are faring can offer valuable insights into potential contributing factors and possible solutions.
Further analysis of the specific drivers behind Japan’s persistent real wage decline, such as labor market dynamics, corporate pricing strategies, and government policies, will be crucial in addressing this economic headwind. The report serves as an important reminder of the ongoing need for strategies that promote sustainable wage growth that outpaces inflation.
世界経済概況（日米中欧）日本の実質賃金は6カ月連続前年割れ李 雪連，清水 拓也，堅川 陽平，伊勢 友理
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丸紅経済研究所 published ‘世界経済概況（日米中欧）日本の実質賃金は6カ月連続前年割れ李 雪連，清水 拓也，堅川 陽平，伊勢 友理’ at 2025-08-12 15:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.