According to Jin Ten data reports, the basic salary of Japanese workers has seen 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, while nominal wages grew by 3%. Economists had previously expected a nominal wage increase of 2.7%. A more stable wage trend indicator shows that the wages of full-time workers increased by 2.8%, maintaining at 2% or above for 15 consecutive months.