Japan – stronger wages, less-weak activity
May data give us more confidence that wage growth is accelerating. Other data today for activity aren't as robust, but don't suggest conditions are worsening further.
![Japan – stronger wages, less-weak activity](/content/images/size/w2000/2024/07/Japan--Scheduled-full-time-worker-pay--Trend-1.png)
May data give us more confidence that wage growth is accelerating. Other data today for activity aren't as robust, but don't suggest conditions are worsening further.