---
title: "Japan data, May 2026: Wage miss but growth solid, Household spending better than expected"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291852869.md"
description: "May 2026 data from Japan. Household spending:+3.7% m/m expected +1.4%, prior +1.6%-0.3% y/yexpected -2.5%, prior -0.5%Wages:Average Cash Earnings +3.2% y/yexpected +3.4%, prior +3.5%) Same Sample Base Cash Earnings +2.9% prior +2.9%Overtime Pay +2.9% y/yprior +4.2%---I'll have more to come on this separately."
datetime: "2026-07-06T23:35:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291852869.md)
  - [en](https://longbridge.com/en/news/291852869.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291852869.md)
---

# Japan data, May 2026: Wage miss but growth solid, Household spending better than expected

May 2026 data from Japan.

Household spending:

+3.7% m/m

-   expected +1.4%, prior +1.6%

\-0.3% y/y

-   expected -2.5%, prior -0.5%

Wages:

Average Cash Earnings +3.2% y/y

-   expected +3.4%, prior +3.5%)

Same Sample Base Cash Earnings +2.9%

-   prior +2.9%

Overtime Pay +2.9% y/y

-   prior +4.2%

\---

I'll have more to come on this separately.

### Related Stocks

- [EWJ.US](https://longbridge.com/en/quote/EWJ.US.md)

## Related News & Research

- [Why SiTime stock blasted almost 27% higher on Thursday](https://longbridge.com/en/news/295153233.md)
- [BUZZ-Sezzle slides as raised outlook fails to meet lofty expectations](https://longbridge.com/en/news/295221202.md)
- [Blue Owl Capital (OWL) Is Up 20.9% After Beating Q2 2026 Targets And Closing €1.6B Fund – Has The Bull Case Changed?](https://longbridge.com/en/news/295104920.md)
- [Is nLIGHT (LASR) Undervalued Following Record Q2 Revenue And Softer Q3 Guidance?](https://longbridge.com/en/news/295329341.md)
- [FOUR: Record Q2 2026 results with 51% GRLNF growth and strong international expansion, despite travel headwinds](https://longbridge.com/en/news/295119905.md)