China Manufacturing Data On Tap For Friday

(RTTNews) - China will on Friday see July results for its manufacturing PMI, headlining a busy day in Asia-Pacific economic activity. The PMI saw a score of 51.0 in June.

China also will see final July results for the HSBC manufacturing PMI, with forecasts suggesting a reading of 51.9 - down from 52.0 in last month's preliminary reading.

Australia will release Q2 numbers for producer prices, plus July data for commodity prices and manufacturing.

Producer prices were up 0.9 percent on quarter and 2.5 percent on year in Q1. The commodity price index dropped 9.6 percent on year in June to a score of 94.6. The AiG Performance of Manufacturing Index had a score of 48.9 in June.

Japan will provide June figures for loans and discounts, as well as July numbers for vehicle sales and the Markit Economics manufacturing PMI.

Loans were up 2.2 percent on year in May, while vehicle sales fell an annual 0.7 percent. The manufacturing PMI is expected to show a score of 50.8, down from 51.5 in June.

South Korea will see July figures for inflation; in June, CPI was down 0.1 percent on month and up 1.7 percent on year.

Thailand will provide July data for consumer and producer prices. In June, consumer prices fell 0.1 percent on month but gained 2.4 percent on year. Core CPI added 0.05 percent on month and 1.7 percent on year. PPI dipped 1.1 percent on month and gained 1.3 percent on year.

Indonesia will release June trade data and July numbers for inflation. In May, imports were worth $14.76 billion and exports were at $14.83 billion for a trade surplus of $0.07 billion.

Inflation in June was up 0.43 percent on month and 6.70 percent on year, while core CPI added 0.32 percent on month and 7.40 percent on year.

Finally, markets in Indonesia remain closed on Friday in observance of Eid-ul-Fitri; they will be off until August 4.