Plus   Neg

Japan Labor Cash Earnings Rise More Than Forecast

Total labor cash earnings in Japan increased at a faster-than-expected pace in August, preliminary report from the Ministry of Health, Labor and Welfare showed Friday.

Gross earnings climbed 0.9 percent year-over-year in August, faster than the 0.4 percent rise in July, which was revised from a 0.3 percent fall estimated previously.

Economists had expected a 0.5 percent rise for August.

Contractual gross earnings grew 0.6 percent annually in August and special cash earnings rose notably by 6.1 percent.

Real cash earnings edged up 0.1 percent in August, the same rate of increase as in the preceding month.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT