Productivity and Wage Cost
| Labor Productivity (Manufacturing) |
Wage cost (Manufacturing) |
|||
|---|---|---|---|---|
| Indices (2020=100) |
Annual percent change |
Annual percent change |
||
| Calendar year | ％ | ％ | ||
| 2018 | 108.5 | - | - | |
| 2019 | 107.0 | -1.4 | 3.3 | |
| 2020 | 100.0 | -6.5 | 7.9 | |
| 2021 | 104.7 | 4.7 | -4.4 | |
| 2022 | 105.1 | 0.4 | 0.8 | |
| 2023 | 103.3 | -1.7 | 3.2 | |
| 2023 | Jan | 104.2 | -1.0 | 3.7 |
| Feb | 101.0 | -1.9 | 0.8 | |
| Mar | 115.9 | -1.9 | 2.9 | |
| Apr | 97.5 | -0.5 | 0.8 | |
| May | 102.1 | 0.7 | 0.3 | |
| Jun | 102.2 | -1.0 | 4.1 | |
| Jul | 101.2 | -1.7 | 4.0 | |
| Aug | 101.6 | -4.4 | 6.9 | |
| Sep | 105.2 | -4.7 | 7.2 | |
| Oct | 103.1 | -0.5 | 1.0 | |
| Nov | 101.9 | -2.4 | 1.7 | |
| Dec | 104.1 | -1.2 | 4.3 | |
| 2024 | Jan | 102.7 | -1.4 | 3.5 |
| Feb | 96.9 | -4.1 | 6.1 | |
| Source | MHLW "Monthly Labour Survey" METI "Indices of Industrial Production", |
MHLW "Monthly Labour Survey" |
||
- NOTES:
- Calculated by JILPT
Labor productivity indices = [(indices of industrial production(manufacturing) / 100) / {(regular employment indices / 100) * (total hours worked indices / 100)}]*100
Wage cost = [ { (indices of nominal wage / 100) * (regular employment indices / 100)} / (indices of industrial production(manufacturing) / 100) ]*100
Regular employment indices, indices of nominal wage and total hours worked indices : manufacturing, 5 employees or more.
