Japan Reports July Profits Up 1.8% and Wages Rising 1.4%
Updated
Updated · Forex Factory · Aug 30
Japan Reports July Profits Up 1.8% and Wages Rising 1.4%
2 articles · Updated · Forex Factory · Aug 30
Summary
Japan’s preliminary July business indicators showed company gross operating profits rising 1.8% on a seasonally adjusted, current-price basis, with wages and salaries up 1.4%.
The same report showed inventories slipping 0.2% in chain-volume terms, while sales of goods and services increased in 9 industries and declined in 6.
The figures point to firmer corporate earnings and pay growth alongside uneven demand across sectors, with the July release offering an early read on Japan’s industrial activity.