On October 8, 2025, Japan’s Ministry of Health, Labour and Welfare released the year-on-year labor cash earnings data for September. The reported figure was 1.5%, with no forecast provided; the previous value was also 1.5%.Data definition: The growth in average wages reflects national economic development. This index is used to gauge inflationary trends. Market impact: This data serves as an important indicator of economic conditions.This indicator is assigned an importance level of 1. The statistical method measures the year-on-year change in average monthly earnings per full-time employee (excluding taxes) compared to the same month in the previous year. The data is released monthly, with the next publication scheduled for November 2025.
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