Challenges
Labor Cash Earnings (YoY)
Most recent - Tuesday 5 August 2025 23:30
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
Next event - Monday 8 September 2025 23:30
The typical/expected impact on JPY pairs is medium.
There is no forecast value for Labor Cash Earnings (YoY) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Labor Cash Earnings (YoY) was 2.5% against a forecast of 3.2%.
Past events
Economic context
Recent economic data has been moderately bearish 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) | Bearish change | 3.3% | 3.1% | ||
| National CPI ex Food, Energy (YoY) | (no change) | 3.4% | 3.4% | ||
| National CPI ex Fresh Food (YoY) | Bearish change | 3.3% | 3.1% | ||
| Adjusted Merchandise Trade Balance | Bearish change | ¥-247.6B | ¥-303B | ||
| Exports (YoY) | Bearish change | -0.5% | -2.6% | ||
| Imports (YoY) | Bearish change | 0.3% | -7.5% | ||
| Merchandise Trade Balance Total | Bearish change | ¥152.1B | ¥-117.5B | ||
| Gross Domestic Product (QoQ) | Bullish change | 0.1% | 0.3% | ||
| Gross Domestic Product Annualized | Bullish change | 0.6% | 1% | ||
| Gross Domestic Product Deflator (YoY) | Bearish change | 3.3% | 3% |
About Labor Cash Earnings (YoY)
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Economy, Trade and Industry of Japan |
| Category: | Labor Market |
| Frequency: | Monthly |