QUICK Releases April 'QPI' Wage Index
The April 2026 QUICK Payroll Wage Index (QPI) showed a significant 4.42% year-on-year increase in disposable income, largely due to bonuses and base effects. However, the growth of scheduled wages slightly slowed.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 01:00
- 🔍 Collected: May 19, 2026 at 16:31
- 🤖 AI Analyzed: May 19, 2026 at 21:02 (4h 30m after Collected)
FAQ
What is the QPI mentioned in the article?
QPI (QUICK Payroll Wage Index) is a new wage index jointly developed by QUICK Inc. and Payroll Inc. to track wage trends in Japan.
What was the main finding for the April 2026 QPI?
The main finding was a significant 4.42% year-on-year increase in the disposable income QPI, which outpaced the consumer price index, indicating a rise in real take-home pay.
Why did disposable income increase so sharply in April 2026?
The sharp increase was attributed to a rise in bonus payments and a strong rebound effect (base effect) compared to the low growth recorded in the same month of the previous year.
How did scheduled wages (shoteinai kyuyo) perform?
The scheduled wage QPI grew by 2.88% year-on-year, which was a slight slowdown in growth compared to the previous month's +3.22%.
What future factors could affect take-home pay according to the report?
Future take-home pay could be affected by the start of contributions to the 'Child and Child-rearing Support Fund' and concerns of renewed inflation due to the weak yen and high energy prices.