PEKING (dpa-AFX) - China is scheduled to release a raft of data on Friday, highlighting a busy day for Asia-Pacific economic news. On tap are November figures for CPI, PPI, industrial production, retail sales and fixed asset investment.
CPI is expected to come in at 4.5 percent, down sharply from 5.5 percent in October. PPI is called at 3.4 percent, down from 5 percent in the previous month. Output is tipped to rise 12.6 percent on year after adding 13.2 percent a month earlier. Retail sales are expected to climb 16.8 percent after rising 17.2 percent in October. FAI is tipped to add 24.8 percent, easing from 24.9 in the previous month.
Japan is scheduled to release final numbers for Q3 gross domestic product. GDP is expected to be revised down to 5.1 percent on year and 1.3 percent on quarter from last month's preliminary reading for a 6.0 percent annual jump and a 1.5 percent quarterly increase. Nominal GDP is tipped to add 1.2 percent, down from 1.4 percent - while the GDP deflator is expected to remain unchanged at -1.9 percent.
Also, the Bank of Japan will release money stock figures for November. M2 is expected to remain unchanged at 2.7 percent, while M3 also is called steady at 2.3 percent.
Malaysia will provide October numbers for imports, exports and trade balance. Imports are expected to add 4.6 percent on year after climbing 12.9 percent in September. Exports are tipped to jump 7.3 percent on year following the 16.6 percent surge in the previous month. The trade balance is expected to show a surplus of 9 billion ringgit, down from 9.6 billion ringgit a month earlier.
Copyright RTT News/dpa-AFX