CANBERA (dpa-AFX) - Australia is on Thursday scheduled to release November figures for trade balance, setting the pace for a modest day in Asia-Pacific economic activity. Analysts are expecting a surplus of A$1.650 billion, up from A$1.595 billion in October.
Australia also will provide November new home sales figures, plus the AiG Performance of Services Index for December. Home sales were up 5.5 percent on month in October, while the Performance of Services Index came in at 47.7 in November.
Japan will provide December numbers for monetary base and vehicle sales. Monetary base jumped 19.5 percent on year in November, while vehicle sales climbed an annual 24.1 percent in the previous month.
The Philippines will announce the inflation rate for December; little change is expected from the November figure of 4.8 percent.
Taiwan will release December data for consumer and wholesale prices. CPI is expected to come in at 1.06 percent, rising from 1.01 percent in November. WPI is called at 4.76 percent, down from 5.29 percent in the previous month.
Copyright RTT News/dpa-AFX
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