Also, Real cash earnings -0.4% y/y

  • prior 0.0% y/y

Disappointment again on the wages data fro Japan. The administration wants to see wage gains to spur consumption and thus the economy. Its been elusive, though. Data result today is a negative input for the yen.


Data from the Ministry of Health, Labour and Welfare

  • It indicates average income per regular employee
  • Includes overtime pay & bonuses