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