The typical/expected impact on JPY pairs is medium.
There is no forecast value for Labor Cash Earnings (YoY) yet - check back for updates.
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The most recent announced value for Labor Cash Earnings (YoY) was 2.4% against a forecast of 3%.
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 | ||||
|---|---|---|---|---|---|
| Unemployment Rate | Bearish change | 2.6% | 2.7% | ||
| Large Retailer Sales | Bullish change | 2% | 3% | ||
| Retail Trade (YoY) | Bullish change | -0.9% | 1.8% | ||
| Retail Trade s.a (MoM) | Bullish change | -2% | 4.1% | ||
| Tokyo Consumer Price Index (YoY) | Bullish change | 1.5% | 1.6% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bearish change | 2% | 1.8% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2% | 1.8% | ||
| National Consumer Price Index (YoY) | Bearish change | 2.1% | 1.5% | ||
| National CPI ex Food, Energy (YoY) | Bearish change | 2.9% | 2.6% | ||
| National CPI ex Fresh Food (YoY) | Bearish change | 2.4% | 2% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Economy, Trade and Industry of Japan |
| Category: | Labor Market |
| Frequency: | Monthly |