通胀开始侵蚀收入，日本5月实际工资创两年来最大跌幅

Group 1 - Japan's real wages fell by 2.9% year-on-year in May, marking the largest decline in 20 months due to persistent inflation pressures eroding purchasing power [1] - The consumer inflation rate, which includes fresh food prices but excludes housing costs, rose by 4.0% in May, significantly outpacing the nominal wage growth of 1.0% [1][2] - Special payments, primarily volatile one-time bonuses, decreased by 18.7%, contributing to the slowdown in nominal wage growth [1] Group 2 - The divergence between real and nominal wages highlights the significant impact of inflation on workers' actual income, despite record-high wage negotiations [2] - The Japanese government is providing cash subsidies of 20,000 yen (approximately $139) to each adult and additional support for families with children to alleviate the burden of rising prices [3] - The ruling party aims to increase average annual salaries by 1 million yen by the fiscal year 2030, supporting capital investment to keep pace with inflation [3]