Japan Labor Cash Earnings (YoY) registered at 0.2%, below expectations (1.5%) in November

Jan 10, 2024

Japan Overall Household Spending (YoY) declined to -2.9% in November from previous -2.5%

Japanese real wages tumble 3% despite 0.2% increase in nominal wages

Japanese Labor Cash Earnings in November broadly missed the mark early Wednesday, with nominal wages printing at 0.2% YoY versus the forecast of 1.5%.