Labour cash earnings in Japan were flat in November

Market news

8 January 2016

Labour cash earnings in Japan were flat in November

Japan's Ministry of Health, Labour and Welfare released its labour cash earnings data on Friday. Labour cash earnings in Japan were flat year-on-year in November, missing expectations for a 0.7% rise, after a 0.7% rise in October.

Contractual earnings increased 0.5% year-on-year in November, while special cash earnings plunged 8.6%.

Total real wages slid 0.4% in November, after a 0.4% drop in October.

European Central Bank Governing Council member Philip Lane: the ECB could add further stimulus measures if needed to reach the 2% inflation target

Ai Group/HIA Australian Performance of Construction Index is down to 46.8 in December

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