Financial News: China PMI Data Due On Tuesday

China PMI Data Due On Tuesday

12/30/2024 - 18:03:00 (RTTNews)

(RTTNews) - China will on Tuesday see December results of the manufacturing, non-manufacturing and composite PMIs from the National Bureau of Statistics, highlighting a light day for Asia-Pacific economic activity. In November, their scores were 50.3, 50.0 and 50.8, respectively.

South Korea will release December data for consumer prices, with forecasts suggesting an increase of 0.2 percent on month and 1.7 percent on year. That follows the 0.3 percent monthly decline and the 1.5 percent yearly gain in November.

Australia will provide November numbers for housing credit; in October, credit was up 0.5 percent on month.

Finally, the markets in South Korea, Japan and Thailand are closed on Tuesday for New Year's Eve, while the markets in Australia, New Zealand, Singapore and Hong Kong close early for the holiday.

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