FX.co ★ Japan’s Employee Wage Growth Accelerates to 2.4% in December 2025

Japan’s overall wage income for employees strengthened in December 2025, with annual growth rising to 2.4%, up from 1.7% in November 2025. The latest data, updated on 8 February 2026, signal a notable acceleration in wage momentum at the end of the year.

The pick-up from November to December suggests improving income conditions for Japanese workers, which may support domestic consumption going into 2026. The sustained rise in wage growth is likely to be closely watched by policymakers and markets as an indicator of underlying strength in Japan’s labor market and potential inflationary pressures.