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 3.8% against a forecast of 3.7%.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Labor Cash Earnings (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| National Consumer Price Index (YoY) | Bullish change | 1.9% | 2.1% | ||
| National CPI ex Food, Energy (YoY) | Bullish change | 2% | 2.4% | ||
| National CPI ex Fresh Food (YoY) | Bullish change | 1.8% | 2.1% | ||
| Adjusted Merchandise Trade Balance | Bullish change | ¥-801.1B | ¥-704B | ||
| Exports (YoY) | Bearish change | 19.3% | 16.7% | ||
| Imports (YoY) | Bearish change | 28% | 18.9% | ||
| Merchandise Trade Balance Total | Bullish change | ¥-1111.9B | ¥-536.6B |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Economy, Trade and Industry of Japan |
| Category: | Labor Market |
| Frequency: | Monthly |