Japan data - September Labor Cash earnings: +0.6%y/y (expected +0.5%)

Japan - Labor Cash earnings for September

• expected +0.5% y/y
• prior was 0.4%

Real cash earnings (i.e. adjusted for inflation) +0.5% y/y (expected +0.3%, prior +0.1%)

More:

• Monthly pay rose for a third straight month in September
• Real wages also up three months in a row
• Summer bonuses (paid during the June-August period) down 2.8% y/y ... biggest drop since 2009