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 2.5% against a forecast of 3.2%.
Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Labor Cash Earnings (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
National Consumer Price Index (YoY) | Bearish change | 3.3% | 3.1% | ||
National CPI ex Food, Energy (YoY) | (no change) | 3.4% | 3.4% | ||
National CPI ex Fresh Food (YoY) | Bearish change | 3.3% | 3.1% | ||
Adjusted Merchandise Trade Balance | Bearish change | ¥-247.6B | ¥-303B | ||
Exports (YoY) | Bearish change | -0.5% | -2.6% | ||
Imports (YoY) | Bearish change | 0.3% | -7.5% | ||
Merchandise Trade Balance Total | Bearish change | ¥152.1B | ¥-117.5B | ||
Gross Domestic Product (QoQ) | Bullish change | 0.1% | 0.3% | ||
Gross Domestic Product Annualized | Bullish change | 0.6% | 1% | ||
Gross Domestic Product Deflator (YoY) | Bearish change | 3.3% | 3% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |