23.12.2021 23:33:43

Japan Inflation Data Due On Friday

(RTTNews) - Japan will on Friday see November numbers for consumer prices and housing starts, headlining a light day for Asia-Pacific economic activity.

In October, overall inflation was down 0.3 percent on month and up 0.1 percent on year, while core CPI was also up an annual 0.1 percent. Housing starts are tipped to rise 7.1 percent on year, slowing from 10.4 percent in the previous month.

Singapore will release November data for industrial production, with forecasts suggesting a decline of 0.4 percent on month and an increase of 13.4 percent on year. That follows the 2.4 percent monthly increase and the 16.9 percent yearly gain in October.

Finally, the markets in Indonesia are closed on Friday in observance of Christmas Eve; they will re-open on Tuesday.