According to Jin Shi data reports, Japan's basic wages for workers have reached the largest increase in 32 years, indicating that a positive economic cycle is forming. The Japanese Ministry of Health, Labour and Welfare announced that the basic wage in November increased by 2.7% year-on-year, with nominal wages rising by 3%. Economists had previously expected a nominal wage increase of 2.7%. A more stable wage trend indicator shows that full-time workers' wages have increased by 2.8%, maintaining at 2% or above for 15 consecutive months.