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Financial News: Japan Household Spending Data Due On Friday

Japan Household Spending Data Due On Friday

10/04/2018 - 18:02:00 (RTTNews)

(RTTNews) - Japan will on Friday release August numbers for household spending and for its leading and coincident indexes, highlighting a modest day for Asia-Pacific economic activity.

Household spending is expected to hold steady at 0.1 percent higher on year. The leading index is tipped to show a score of 104.2, up from 103.9 a month earlier - while the coincident is expected to climb to 117.4 from 116.1.

Australia will provide retail sales data for August and also see September results for the Performance of Construction Index from AiG. Retail sales are expected to add 0.3 percent on month following the flat reading in July. The construction index had a score of 51.8 in August.

South Korea will see September figures for consumer prices. In August, overall inflation was up 0.5 percent on month and 1.4 percent on year, while core CPI added 0.2 percent on month and 1.0 percent on year.

Malaysia will release August trade data; in July, imports were worth 77.83 billion ringgit and exports were at 86.13 billion ringgit for a trade surplus of 8.30 billion ringgit.

The Philippines will provide September numbers for consumer prices; in August, overall inflation was up 6.4 percent on year and core CPI climbed an annual 4.8 percent.

Finally, the markets in China remain closed all week for the National Day holiday and will re-open on October 8.

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