24.03.2016 23:00:28
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Japan Inflation Data On Tap For Friday
(RTTNews) - Japan will on Friday release February figures for consumer prices and corporate service prices, highlighting a modest day for Asia-Pacific economic activity.
Overall inflation is expected to gain 0.3 percent on year following the flat reading in January. Core CPI is tipped to remain unchanged. Corporate service prices are expected to remain unchanged at 0.2 percent on year.
Japan also will see final January figures for its leading and coincident indexes, with little change expected from the preliminary readings for 101.4 and 113.8, respectively.
South Korea will see final GDP figures for the fourth quarter of 2015. January's preliminary reading suggested an increase of 0.6 percent on quarter and 3.0 percent on year. That follows the 1.3 percent quarterly increase and the 2.7 percent yearly gain in the three months prior.
Malaysia will provide February data for consumer prices, with inflation expected to ease 0.4 percent on month and climb 3.9 percent on year. That follows the 0.3 percent monthly decline and the 3.5 percent yearly increase in January.
Finally, a number of the regional markets are closed in observance of Good Friday, including Australia, Hong Kong, Indonesia, New Zealand and Singapore.