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Financial News: Japan GDP Data Due On Monday

Japan GDP Data Due On Monday

09/09/2018 - 18:00:00 (RTTNews)

(RTTNews) - Japan is scheduled to release a batch of data on Monday, headlining a busy for Asia-Pacific economic activity. On tap are final Q2 numbers for gross domestic product, July figures for current account and August data for bank lending and the eco watchers survey.

The previous reading for GDP showed an increase of 0.5 percent on quarter and 1.9 percent on year, while the current account surplus in June was 1,175.6 billion yen.

Bank lending was up 2.0 percent on year in July, while the eco watchers survey for current conditions had a score of 46.6 and the outlook was at 49.0.

China will provide August numbers for consumer and producer prices; In July, they were up an annual 2.1 percent and 4.6 percent, respectively.

New Zealand will see Q2 figures for manufacturing activity; in the three months prior, activity was up 0.6 percent on quarter and volume advanced 1.4 percent.

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