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Japan's Average Cash Earnings -2.4% vs. 0.9% forecast
(MENAFN- FxPro) Japan's average cash earnings fell unexpectedly in the last quarter, official data showed on Tuesday.
In a report, Japanese Ministry of Health, Labour and Welfare said that Japan's Average Cash Earnings fell to a seasonally adjusted -2.4%, from 0.7% in the preceding quarter whose figure was revised up from 0.6%.
Analysts had expected Japan's Average Cash Earnings to rise to 0.9% in the last quarter.
In a report, Japanese Ministry of Health, Labour and Welfare said that Japan's Average Cash Earnings fell to a seasonally adjusted -2.4%, from 0.7% in the preceding quarter whose figure was revised up from 0.6%.
Analysts had expected Japan's Average Cash Earnings to rise to 0.9% in the last quarter.
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