While prices continued to rise, a survey by Keidanren found that wage increases at major firms in this year's spring wage struggle were 3.91 percent, the highest level in 1992 years since 31.
Keidanren surveyed major companies with 500 or more employees on the status of the conclusion of this year's spring negotiations, and announced the results of 19 companies as the first tally on May 1.
As a result, the average monthly wage increase that combines regular salary increases and base salary increases was 92,1 yen, 3110,1 yen higher than last year's first tally, and increased for the second consecutive year.
As a result, the wage increase rate was 5680.2%, up 3.91 percentage points from last year and the highest level in 1 years since 64.1992% in 4.
By industry, wage increases in 78 of the 31 industries exceeded last year's level, and in 15 industries, including shipbuilding, machinery and metals, construction, and textiles, the wage increase rate exceeded 14%.
At the press conference, Mr. Shuji Nitta, Director-General of the Labour Policy Headquarters of Keidanren, said, "This year, base pay increases have been on the trend, at least at the level of wage increases that cover price rises, and it is important to link the momentum of wage increases to small and medium-sized enterprises and make them sustainable from next year onward."