Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Labor Cash Earnings (YoY) was 2.6% against a forecast of 2.2%.
Recent economic data has been broadly neutral for JPY. Other recent announcements which may affect the market's interpretation of the next Labor Cash Earnings (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Current Account n.s.a. | Bearish change | ¥4483.3B | ¥2834B | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.5% | -0.6% | ||
| Gross Domestic Product Annualized | Bearish change | 2.1% | -2.3% | ||
| Gross Domestic Product Deflator (YoY) | Bullish change | 3.3% | 3.4% | ||
| Large Retailer Sales | Bullish change | 3% | 5% | ||
| Retail Trade (YoY) | Bullish change | 0.2% | 1.7% | ||
| Retail Trade s.a (MoM) | Bullish change | 0.3% | 1.6% | ||
| Tokyo Consumer Price Index (YoY) | Bearish change | 2.8% | 2.7% | ||
| Tokyo CPI ex Food, Energy (YoY) | (no change) | 2.8% | 2.8% | ||
| Tokyo CPI ex Fresh Food (YoY) | (no change) | 2.8% | 2.8% | ||
| Unemployment Rate | (no change) | 2.6% | 2.6% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Economy, Trade and Industry of Japan |
| Category: | Labor Market |
| Frequency: | Monthly |