PEKING (dpa-AFX) - South Korea is scheduled to release a raft of data on Tuesday, highlighting a busy day for Asian economic activity. Due out are October figures for inflation, imports, exports and trade balance.
The inflation rate is expected to come in at 4.2 percent, easing from 4.3 percent in September. Imports are forecast to climb 23.7 percent on year following the 29.3 percent increase in the previous month. Exports are called higher by an annual 10.9 percent after climbing 18.8 percent a month earlier. The trade balance is expected to reflect a surplus of $2.118 billion, up from $1.556 billion in September.
Japan's central bank will publish the minutes of its monetary policy meeting from October 6 and 7. At the meeting, the bank continued to leave interest rates unchanged at 0.10 percent.
China will release the results of its manufacturing PMI for October, with analysts expecting a score of 51.8, up from 51.2 in September.
Indonesia will provide September numbers for imports, exports and trade balance, along with October inflation data. Imports are forecast to surge 47.2 percent on year after jumping 23.7 percent in August. Exports are expected to spike 40.9 percent on year following the 37.1 percent gain in the previous month. The trade balance is expected to show a surplus of $2.8 billion, down from $3.76 billion in August. The inflation rate is called at 4.78 percent, up from 4.61 percent in September.
Thailand will release October numbers for inflation. The overall headline figure is expected to come in at 4.5 percent, jumping from 4.03 in September. Core inflation is called at 3.05 percent, up from 2.92 percent.
Hong Kong will announce retail sales numbers for September. By value, sales are seen higher by 28.7 percent on year after climbing 29 percent in August. By volume, sales are tipped to rise an annual 20.9 percent following the 20.7 percent jump in the previous month.
Singapore will release the results of its PMIs for both manufacturing and electronics for October. The manufacturing PMI is expected to come in at 48.3, unchanged from September. The electronics PMI is called at 47.0, easing from 47.2 a month earlier.
Copyright RTT News/dpa-AFX