Financial News: South Korea Industrial Production On Tap For Thursday

South Korea Industrial Production On Tap For Thursday

03/01/2023 - 17:30:00 (RTTNews)

(RTTNews) - South Korea will on Thursday release January figures for industrial production and retail sales, highlighting a modest day for Asia-Pacific economic activity.

Industrial production is expected to slip 0.4 percent on month and 8.9 percent on year after shedding 2.9 percent on month and 7.3 percent on year in December. Retail sales were up 1.4 percent on month in December.

Japan will see Q4 numbers for capital spending and February figures for monetary base and household confidence. Capex is expected to rise 6.9 percent on year, slowing from 9.8 percent in the previous three months. The monetary base is called lower by an annual 3.2 percent after sinking 3.8 percent in January. The household confidence index is tipped to see a score of 32.0, up from 31.0 a month earlier.

Hong Kong will provide January data for retail sales; in December, sales were up 1.1 percent on year.

Australia will release January figures for building approvals, with forecasts suggesting a decline of 9.0 percent on month after surging 18.5 percent in December.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

China Industrial Profits Fall Sharply (35 min(s), 10 sec(s) ago)
(RTTNews) - The decline in China's industrial profits deepened in the first two months of 2023 ...Full Story»

Japan Leading Index Falls Less Than Estimated (43 min(s), 10 sec(s) ago)
(RTTNews) - Japan's leading index decreased slightly less than initially estimated in January, ...Full Story»

European Economic News Preview: Germany Ifo Business Confidence Data Due (01 hr(s), 18 min(s), 10 sec(s) ago)
(RTTNews) - Business confidence from Germany and monetary aggregates from the euro area are the to ...Full Story»

Japan Producer Prices Climb 1.8% On Year In February (03 min(s), 50 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 1.8 percent on year in February, the Bank of Japan sa ...Full Story»

Japan Producer Price Data Due On Monday (46 min(s), 50 sec(s) ago)
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a ligh ...Full Story»

Denmark Economic Sentiment Rises Further (31 min(s), 50 sec(s) ago)
(RTTNews) - Denmark's economic sentiment rose for a third month in a row in March, figures fro ...Full Story»

U.S. Durable Goods Orders Unexpectedly Slump As Aircraft Demand Extends Nosedive (03 min(s), 50 sec(s) ago)
(RTTNews) - Reflecting a continued slump in orders for transportation equipment, the Commerce Depa ...Full Story»

Spain Q4 GDP Growth Unrevised At 0.2% (58 min(s), 50 sec(s) ago)
(RTTNews) - Spain's economy expanded at a stable pace as initially estimated in the final quar ...Full Story»