Japan’s Average Cash Earnings -0.2% vs. 0.5% forecast

Category: Economic Indicators

Japan’s average cash earnings fell unexpectedly in the last quarter, official data showed on Friday.In a report, Japanese Ministry of Health, Labour and Welfare said that Japan’s Average Cash Earnings fell to a seasonally adjusted -0.2%, from 0.0% in the preceding quarter whose figure was revised down from 0.3%.Analysts had expected Japan’s Average Cash Earnings to rise to 0.5% in the last quarter