Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY 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 4.8% against a forecast of 3.8%.
Recent economic data has been strongly bullish 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 | ¥3352.5B | ¥1077.3B | ||
Large Retailer Sales | (no change) | 3% | 3% | ||
Retail Trade (YoY) | Bullish change | 2.8% | 3.7% | ||
Retail Trade s.a (MoM) | Bearish change | 1.9% | -0.7% | ||
Tokyo Consumer Price Index (YoY) | Bullish change | 3.1% | 3.4% | ||
Tokyo CPI ex Food, Energy (YoY) | Bullish change | 2.4% | 2.5% | ||
Tokyo CPI ex Fresh Food (YoY) | Bullish change | 2.4% | 2.5% | ||
Unemployment Rate | Bullish change | 2.5% | 2.4% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |