This the latest for the 'don't spend it all at once files'

Labor Cash Earnings April, -0.1% y/y

  • expected -0.7% y/y, prior -1.3%

    • Real cash earnings April, -1.1% y/y

  • expected -1.5%, prior -1.9%

    • 'Spend what?' you might ask ….

    Nothing here to prompt the BOJ to consider an ext. as if.