Pantheon Macroeconomics - Japanese average cash earnings posted a surprise drop of 0.4% year-over-year in June, down from 0.6% in May and sharply below the consensus for a rise of 0.5%. The decline was driven by a fall in the June bonus, by 1.5%.

Asia Documents | 7 August 2017 Japan's Wage Drop not so Damaging as Regular Wages Rise
Japanese average cash earnings posted a surprise drop of 0.4% year-over-year in June, down from 0.6% in May and sharply below the consensus for a rise of 0.5%. The decline was driven by a fall in the June bonus, by 1.5%.

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7 August 2017 Japan's Wage Drop not so Damaging as Regular Wages Rise

By Freya Beamish

Japanese average cash earnings posted a surprise drop of 0.4% year-over-year in June, down from 0.6% in May and sharply below the consensus for a rise of 0.5%. The decline was driven by a fall in the June bonus, by 1.5%.

Posted: 4th Aug 2017 in 'Asia Documents'

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