Wages in Manufacturing in Japan increased to 349097 JPY/Month in May from 342841 JPY/Month in April of 2019. Wages in Manufacturing in Japan averaged 244348.17 JPY/Month from 1951 until 2019, reaching an all time high of 868487 JPY/Month in December of 1997 and a record low of 9785 JPY/Month in March of 1951.
Wages in Manufacturing in Japan is expected to be 344035.27 JPY/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Japan to stand at 361190.00 in 12 months time. In the long-term, the Japan Average Monthly Wages in Manufacturing is projected to trend around 884546.90 JPY/Month in 2020, according to our econometric models.