日本央行地区报告显示，小企业面临加薪限制。根据日本央行最新的《地区经济报告》，日本经济在全国范围内继续逐步复苏。央行维持了对所有九个地区的评估，指出经济活动要么正在回升，要么正在以适度的速度复苏。

BoJ regional report sees small firms face constraints on wage hikes.Japan's economy continues to recover gradually across the country, according to the latest Regional Economic Report from the BoJ. The central bank maintained its assessment for all nine regions, noting that activity is either picking up or recovering at a modest pace.

日本11月实际工资下降2.8%，为近一年来最大跌幅。日本11月实际工资大幅下降，同比下降2.8%，这是连续第11个月下降，也是自去年1月以来的最大跌幅。经通胀调整后的收入受到打击，消费者价格上涨3.3%，抵消了名义工资的小幅上涨。

Japan real wages fall -2.8% in November, sharpest in nearly a year.Japan's real wages fell sharply in November, dropping -2.8% yoy, marking the 11th consecutive month of decline and the steepest fall since last January. Inflation-adjusted earnings were hit as a 3.3% rise in consumer prices more than offset a modest increase in nominal pay.

美元/日元–2026年1月8日。美元兑日元仍然保持交易渠道。正如我们在图表上看到的，只要市场保持在156.10以上，预计将再次向157.30和157.75上涨。

USD/JPY –08.01.2026.  USDJPY still holds trades a trading channel. As we see over the chart and as long as the market holds above 156.10, another advance toward 157.30 and 157.75 will be expected.

日本央行在季度报告中保持对日本所有9个地区的评估。日本央行在季度报告中保持对日本所有9个地区的评估

BoJ maintains assessment for all 9 Japan's regions in quarterly report.BoJ maintains assessment for all 9 Japan's regions in quarterly report