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<p>Japanese data for September. </p><p>Labor cash earnings +2.1% y/y</p><ul><li>expected +2.0%, prior +1.7%</li></ul><p>Real wages (i.e. after inflation) are still falling, down 1.3% y/y </p><p>Overtime pay +6.7% y/y</p><p>--</p><p>Spending is up, much of which is a price effect (rising prices):</p><ul><li><a href="https://www.forexlive.com/news/japan-household-spending-18-mm-expected-17-and-23-yy-expected-27-20221107/" target="_blank" data-article-link="true">Japan household spending +1.8% m/m (expected +1.7%) and +2.3% y/y (expected +2.7%)</a></li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.