Track JN Average Cash Earnings y/y to gauge consumer spending potential and economic health.
There is a direct relationship between income and spending; as consumers enjoy higher disposable income, their likelihood of increasing expenditures rises.
What it Measures
This indicates the variation in the total amount of employment income earned by workers.
Usual Effect
When the 'Actual' figure is greater than the 'Forecast', it positively impacts the currency.
Source & Frequency
Ministry of Health, Labour and Welfare (latest release) - https://www.mhlw.go.jp/english/index.html • This data is published monthly, approximately 35 days following the end of the month.
How Data is Derived
N/A
Also Known As
Labor Cash Earnings, Total Cash Earnings
Acronym
N/A