Japan wages data June 2024: Real wages +1.1% y/y for the first rise in 27 monthsJapan wages data is encouraging
Labour Cash Earnings +4.5% y/y
- expected +2.4%, prior +2.0%
Real Cash Earnings +1.1% y/y
- expected -0.9%, prior -1.3%
Spending data less encouraging:
USD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan wages data June 2024: Real wages +1.1% y/y for the first rise in 27 months (https://www.forexlive.com/news/japan-wages-data-june-2024-real-wages-11-yy-for-the-first-rise-in-27-months-20240805/)
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