CANBERA (dpa-AFX) - Japan will on Monday release preliminary Q4 numbers for gross domestic product, highlighting a busy day in Asia-Pacific economic activity.
GDP is expected to contract 0.3 percent on quarter and 0.8 percent on year after expanding 0.3 percent on quarter and 1.0 percent on year in the three months prior.
Japan also will see final December figures for industrial production, with little change expected from the previous reading that called for a 1.4 percent decline on month and a 1.6 percent drop on year. Also due are December numbers for the tertiary industry index, which skidded 0.8 percent in November.
China will release January figures for imports, exports and trade balance. Imports are expected to fall 3.9 percent on year after dropping 7.6 percent in December. Exports are called lower by 2.0 percent after slipping 1.4 percent in the previous month. The trade balance is expected to show a surplus of $60.90 billion, up from $60.09 billion a month earlier.
Thailand will see Q4 numbers for gross domestic product, with forecasts suggesting a flat quarterly reading and a gain of 2.3 percent on year. That follows the 1.0 percent quarterly increase and the 2.9 percent gain in the third quarter.
Australia will provide January numbers for motor vehicle sales; in December, sales dipped 0.5 percent on month and added 2.2 percent on year.
New Zealand will see January figures for non-resident bond holdings; in December, the rate was 67.4 percent.
Singapore will release December data for retail sales, with forecasts calling for a decline of 2.4 percent on month and an increase of 3.4 percent on year. That follows the 1.4 percent monthly increase and the 4.7 percent yearly gain in November.
Indonesia will provide January figures for imports, exports and trade balance. Imports are expected to slide 8.17 percent after losing 16.02 percent in December. Exports are called lower by 15.4 percent after shedding 17.66 percent in the previous month. The trade deficit is pegged at $210 million, up from the $230 million shortfall a month earlier.
Copyright RTT News/dpa-AFX
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