PEKING (dpa-AFX) - China is scheduled to release a raft of data on Friday, highlighting a busy day for Asia-Pacific economic activity. On tap are October figures for consumer and producer prices, industrial production, retail sales and fixed asset investment.
CPI is expected to rise 1.9 percent on year, unchanged from the September reading - while PPI is expected to fall 2.8 percent after shedding 3.6 percent in the previous month. Retail sales are called higher by 14.3 percent on year after showing 14.2 percent a month earlier. Industrial production was up 9.2 percent in September, while FAI collected 20.5 percent on year.
Japan will release October figures for money stock and consumer confidence. M2 and M3 money stocks are both expected to remain unchanged at 2.4 percent and 2.0 percent, respectively. The consumer confidence index came in with a score of 40.1 in September.
The Bank of Korea will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at the current level of 2.75 percent.
Malaysia will provide trade balance data for September; in August, the surplus was 7.09 billion ringgit as exports came in at 55.96 billion ringgit and imports were at 48.88 billion ringgit.
Copyright RTT News/dpa-AFX