China Data On Tap For Thursday

CANBERA (Alliance News) - China is on Thursday scheduled to release May figures for retail ...

Alliance News 13 June, 2018 | 11:07PM
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CANBERA (Alliance News) - China is on Thursday scheduled to release May figures for retail sales, industrial production and fixed asset investment, setting the pace for a busy day in Asia-Pacific economic activity.

Retail sales are expected to climb 9.6% on year, up from 9.4% in April. Industrial production is called steady at an annual 9.7%, while FAI is seen as unchanged at 7.0%.

Australia will provide May figures for unemployment, with the jobless rate expected to hold steady at 5.6%. The Australian economy is tipped to add 19,000 jobs following the addition of 22,600 jobs in April. The participation rate is expected to be unchanged at 65.6%.

Japan will see final April numbers for industrial production and May figures for Tokyo condominium sales.

The previous report for industrial output suggested an increase of 0.3% on month and 2.5% on year. Condo sales tumbled 14.6% on year in April.

Hong Kong will release Q1 data for producer prices and industrial production. In the three month prior, producer prices climbed 3.5% on year, while industrial production gained 0.6% on quarter and 0.3% on year.

Finally, the markets in Indonesia remain closed this week for Eid-ul-Fitr.

Copyright RTT News/dpa-AFX

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