May household spending +4.7% y/y (expected +1.2%, prior -0.1%)
Th Bank of Japan is keenly watching consumption and wage trends to help asses the strength, or otherwise, of the Japanese economy. Today we get wages data. Japanese workers have received hefty nominal wage rises, Japanese companies agreed to raise wages by 5.25% this year. But inflation-induced sharp increases in the cost of living are weighing on real wage growth.
The times in the left-most column are GMT.
The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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