CANBERA (dpa-AFX) - Japan is scheduled to release a batch of data on Tuesday, highlighting a modest day for Asia-Pacific economic activity. On tap are January numbers for its tertiary industry index, February figures for its domestic corporate goods price index and consumer confidence, plus the all industry index for large manufacturing.
The tertiary industry index is expected to ease 0.2 percent on month after rising 1.4 percent in December, while the CGPI is tipped to add 0.3 percent on month and dip 0.1 percent on year after rising 0.4 percent on month and falling 0.2 percent on year in January. The consumer confidence index was at 43.3 in January, while the all industry index was down 5.5 percent on quarter.
Australia will see January results for credit card purchases and February results for business confidence and conditions from NAB. Credit card purchases were worth A$22.4 billion, while business conditions were at -2 and confidence came in at 3.
Hong Kong will release inflation data for February; in January, CPI was at 3.0 percent.
Finally, markets in Indonesia are closed on Tuesday for the Hindu New Year, and will re-open on Wednesday.
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