PEKING (dpa-AFX) - China will on Friday release December figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity. In November, CPI was up 2.0 percent on year, while PPI dipped an annual 2.2 percent.
Japan will provide November numbers for current account and December data for bank lending. The current account is expected to plunge 84.1 percent on year to a deficit of 17.1 billion yen after falling an annual 29.4 percent to a 376.9 billion yen surplus in October. Bank lending is called higher by 1.1 percent on year after adding 1.3 percent in November.
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 2.75 percent.
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