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 | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | Bullish change | 0.4% | 0.7% | ||
Gross Domestic Product Annualized | Bullish change | 1.7% | 2.8% | ||
Gross Domestic Product Deflator (YoY) | Bullish change | 2.4% | 2.8% | ||
Current Account n.s.a. | Bearish change | ¥3352.5B | ¥1077.3B |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |