Japan’s Finance Minister Suzuki said that there is a continued aim to reach a primary balance in FY25, adding that reaching the primary surplus target will not be easy.
Japan’s April Overall Wage Income 1.0% yr/yr (expected 0.5%; last 1.3%) and Overtime Pay -0.3% yr/yr (expected 1.4%; last 1.2%). April Household Spending -1.3% m/m (expected 1.5%; last -0.8%); -4.4% yr/yr (expected 0.4%; last -1.9%)