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Japan July wages data - Inflation adjusted wages +0.4% y/y

Japan July wages data - Inflation adjusted wages +0.4% y/y

News
By Eamonn Sheridan
04/09/2024 | 23:30 GMT
  • The Bank of Japan is looking for higher wages to fuel inflation

Japan wages data for July 2024

Average Cash Earnings +3.6% y/y

  • expected +2.9%, prior +4.5%

Overtime Pay -0.1% y/y

  • prior +0.9%

Real wages +0.4% y/y

USD/JPY is falling away further:

usdyen wgaes July 2024 2

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