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

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:

This article was written by Eamonn Sheridan at www.forexlive.com.