Japan Overall Household Spending (YoY) came in at -2.5% below forecasts (-2.1%) in December

Feb 6, 2024

Japan Labor Cash Earnings (YoY) came in at 1%, below expectations (1.3%) in December

Japan's Labor Cash Earnings, Household Spending both miss expectations in December

Japan's annualized Labor Cash Earnings and Overall Household Spending came in below market forecasts for the year ended in December, with labor earnings growing by 1% versus the forecast 1.3% and seeing scant wage growth over the previous period's 0.7% which saw a sharp upside revision from 0.2%.