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Financial News: Japan Inflation Data Due On Friday

Japan Inflation Data Due On Friday

09/20/2018 - 18:00:00 (RTTNews)

(RTTNews) - Japan will on Friday release August numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity.

Overall nationwide inflation is expected to rise 1.1 percent on year, accelerating from 0.9 percent in July. Core CPI is called at an annual 0.4 percent, up from 0.3 percent in the previous month.

Japan also will see preliminary September results for the manufacturing PMI from Nikkei, as well as July numbers for its all industry activity index.

The manufacturing PMI in August had a score of 52.5, while the all industry index fell 0.8 percent on month.

Hong Kong will release Q2 figures for its current account; in the previous three months, the current account showed a surplus of HKD16.26 billion.

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