The Economic Information Agency reported on the 7th that Japan's Ministry of Health, Labour and Welfare released data on Wednesday, showing that actual cash earnings in August (inflation-adjusted after excluding rent) rose 1.5% compared to the same period last year, in line with economists' expectations. Base wages steadily increased by 3.8%.

Under the backdrop of inflation relief measures introduced by the Japanese government, Japanese workers' real wages have increased for eight consecutive months, marking the longest growth cycle in nearly a decade. (yc)