CANBERA (dpa-AFX) - China is on Thursday scheduled to release December figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
Imports are expected to rise 3.5 percent on year after a flat reading in November. Exports are called higher by 5.0 percent on year after rising 2.9 percent in the previous month. The trade balance is expected to show a surplus of $20.00 billion, up from $19.63 billion a month earlier.
Japan will see the preliminary November results for its leading and coincident indexes. In October, the final readings were 92.8 and 90.7, respectively.
Australia will provide November numbers for building approvals, with forecasts suggesting an increase of 3.0 percent on month and 11.6 percent on year following the 7.6 percent monthly contraction and the 14.5 percent annual increase in October.
The Indonesian central bank will conclude its monetary policy meeting and then announce its decision on interest rates, with the bank widely expected to keep rates on hold at 5.75 percent.
Malaysia will release November numbers for industrial production and manufacturing production. In October, industrial production was up 0.6 percent on month and 5.8 percent on year, while manufacturing production dipped 0.8 percent on month and also rose 5.8 percent on year.
India will provide December data for imports, exports and trade balance. In November, imports were worth $41.59 billion and exports were at $22.30 billion for a trade deficit of $19.29 billion.
New Zealand will see the December results for its commodity price index; in November, the index was up 1.0 percent.
Copyright(c) 2013 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2013 AFX News
