Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The typical/expected impact on JPY pairs is medium.
There is no forecast value for Labor Cash Earnings (YoY) yet - check back for updates.
The most recent announced value for Labor Cash Earnings (YoY) was 2.8% against a forecast of 3.2%.
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 | ||||
---|---|---|---|---|---|
Tankan Large All Industry Capex | Bearish change | 11.3% | 3.1% | ||
Tankan Large Manufacturing Index | Bearish change | 14 | 12 | ||
Tankan Large Manufacturing Outlook | Bearish change | 13 | 12 | ||
Unemployment Rate | Bullish change | 2.5% | 2.4% | ||
Large Retailer Sales | Bearish change | 5% | 2% | ||
Retail Trade (YoY) | Bearish change | 3.9% | 1.4% | ||
Retail Trade s.a (MoM) | Bearish change | 1.2% | 0.5% | ||
Tokyo Consumer Price Index (YoY) | Bullish change | 2.8% | 2.9% | ||
Tokyo CPI ex Food, Energy (YoY) | Bullish change | 0.8% | 1.1% | ||
Tokyo CPI ex Fresh Food (YoY) | Bullish change | 2.2% | 2.4% | ||
National Consumer Price Index (YoY) | Bearish change | 4% | 3.7% | ||
National CPI ex Food, Energy (YoY) | Bullish change | 2.5% | 2.6% | ||
National CPI ex Fresh Food (YoY) | Bearish change | 3.2% | 3% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |