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 4.1% 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 | 2.3% | 2.6% | ||
Tankan Large All Industry Capex | Bullish change | 11.5% | 12.5% | ||
Tankan Large Manufacturing Index | Bullish change | 13 | 14 | ||
Tankan Large Manufacturing Outlook | (no change) | 12 | 12 | ||
Large Retailer Sales | Bullish change | 2% | 3% | ||
Retail Trade (YoY) | Bearish change | 0.4% | -1.1% | ||
Retail Trade s.a (MoM) | Bullish change | -1.6% | -1.1% | ||
Tokyo Consumer Price Index (YoY) | (no change) | 2.5% | 2.5% | ||
Tokyo CPI ex Food, Energy (YoY) | Bearish change | 3% | 2.5% | ||
Tokyo CPI ex Fresh Food (YoY) | (no change) | 2.5% | 2.5% |
Country: | Japan |
---|---|
Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |