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 3.6% against a forecast of 3.1%.
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 | ||||
---|---|---|---|---|---|
Current Account n.s.a. | Bullish change | ¥1533.5B | ¥3193B | ||
Gross Domestic Product (QoQ) | Bearish change | 0.8% | 0.7% | ||
Gross Domestic Product Annualized | Bearish change | 3.1% | 2.9% | ||
Gross Domestic Product Deflator (YoY) | Bullish change | 3% | 3.2% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |