Against the backdrop of the Japanese government's introduction of inflation relief measures to boost household purchasing power, the actual wages of Japanese workers have been growing for 8 consecutive months, marking the longest continuous increase cycle in nearly 10 years. Japan's Ministry of Health, Labor, and Welfare released data on Wednesday: actual cash income rose 1.5% year on year in August, in line with economists' expectations; basic wages grew steadily by 3.8%, supporting this increase in income. Nominal wages also rose 3.8% year on year, maintaining a growth rate of more than 3% for 7 consecutive months, the longest cycle since 1992. Stable indicators excluding bonuses, overtime pay, and sampling bias showed a 2.8% increase in salary for full-time employees.

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