Japan July data. Real wages +0.5% y/y. Household spending +1.4% y/y (exp 2.3%)
Japan data, overall household spending was higher than expected and notably higher than in June July household spending +1.7% m/m (expected +1.3%, prior -5.2%) July household spending +1.4% y/y (expected +2.3%, prior +1.3%) Wages up solidly also: July overtime pay +3.3% y/y (prior +0.56%) July total cash earnings +4.1% y/y (expected 3.0%, prior +3.1%) July … Read more