Wage growth in Japan set to have slowed in February

Labour cash earnings (02.30 BST) continued to grow strongly in January even as the winter bonus season came to an end. 

However, the share of bonus payments should continue to diminish in February, so wage growth should have slowed. 

Capital Economics forecasts a 1.0% y/y rise in wage growth in Japan in February following January's 1.3% y/y increase.