Wages data Japan for August 2024.
Total cash earnings +3.0% y/y
expected +3.1%, prior +3.6%
Inflation adjusted real wages -0.6% y/y
Overtime pay +2.6% y/y
Disappointing data on wages on balance and not as yen positive as it could be, at the margin (BOJ wants higher wagers to drive inflation)
This article was written by Eamonn Sheridan at www.forexlive.com.
