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19 matches for "regular wage growth":
Japan's regular wage growth continued to edge up in November, maintaining the rising trend. The headline is volatile, with growth in labour cash earnings rising to 0.9% year-over-year in November, up from a downwardly revised 0.2% in October.
Officially, Japanese wages have been falling year- over-year since January, marking a break from the gradual acceleration over the past 18 or so months.
Japan's jobless rate inched up to 2.5% in January, from 2.4% in December.
In yesterday's Monitor we suggested that China's profits surge has been party dependent on developers' risky debt issuance practices.
In Friday's Monitor we analysed the draft Japanese budget, as reported by Bloomberg. We suggested that the GDP bang-for-government-expenditure- buck is likely to be less than that implied by the authorities' forecasts.
China's official manufacturing PMI slipped in June, but the overall picture for Q2 is sound despite the uncertainty posed by rising trade tensions with the U.S.
China's export data for April were a mixed bag, to say the least.
The PBoC cut the Reserve Requirement Ratio late on Friday--as signalled at last Wednesday's State Council meeting--by 0.5 percentage points, to be implemented from September 16.
Labour cash earnings in Japan ostensibly started the year strongly, jumping by 1.5% year-over-year in January, much better than December's 0.2% slip.
China's manufacturing PMIs put in a better performance in November, with the official gauge ticking up to 50.2 in November, from 49.3 in October, and the Caixin measure little changed, at 51.8, up from 51.7.
Japan's CPI inflation was unchanged in June, at 0.7%, despite strong upward pressure from energy inflation.
Wage growth in Japan accelerated to a six-month high in December, inching up to 1.8% year-over-year, from November's 1.7%.
We have been rigorous in using the word nascent whenever referring to Japan's wage-price spiral.
Japan's wage growth surprised us with a jump to 2.0% year-over-year in December, up from 1.5% in November.
China's October foreign trade headlines beat expectations, but the year-over-year numbers remain grim, with imports falling 6.4%, only a modest improvement from the 8.5% tumble in September.
PPI inflation has finally started to soften, after having increased steadily from 2.0% in April, and holding steady at 3.0% in Q3.
Japan's jobless rate was unchanged, at 2.4% in October, as the market took a breather after September's job losses.
Japanese leading indicators point to a slowdown, and the trend over this volatile year is emerging as firmly downward.
The BoJ left policy unchanged yesterday, but we noted some significant additions and modifications in the statement and the press conference.
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