[Japan's Real Wages Rise for Fourth Consecutive Month, Supporting BOJ Rate Hike] Jinshi Data, June 5 – The real wages of Japanese workers have risen for the fourth consecutive month, marking the longest streak in four years and further strengthening the Bank of Japan's case for a rate hike this month. A report released by Japan's Ministry of Health, Labour and Welfare on Friday showed that inflation-adjusted real wages increased by 1.9% year-on-year, accelerating from the revised 1.4% growth in the previous month. This figure exceeded economists' earlier forecast of a 1.7% increase. Nominal wages grew by 3.5%, also surpassing the market's general expectation of 3.1%. Among them, base wages rose by 3.4%, while another wage indicator closely monitored by BOJ officials, which effectively avoids sampling errors, showed that full-time workers' wages grew by 2.6%. Both data points indicate that the underlying momentum for wage growth in Japan remains robust.