AI Data Insight

The latest year-on-year growth rate of real average income for workers' households in Japan for Q2 2026 stands at 2.3%, slowing down from the 4.7% growth in the previous Q1, but still firmly in positive growth territory. Benefiting from the high 5.26% wage hike in this year's Shunto (spring wage offensive) and slowing inflation, households' real purchasing power continues to be supported. However, Middle East geopolitical risks and the wage growth momentum of small and medium-sized enterprises (SMEs) will be key areas to watch going forward.

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