CANBERA (dpa-AFX) - Singapore will on Wednesday release November numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity.
Retail sales are expected to fall 9.0 percent on year and 1.3 percent on month following the 9.4 percent yearly decline and the 3.2 percent monthly drop in October.
Japan will provide December data for money stock and machine tool orders. The M2 money stock is expected to hold steady at 4.3 percent, while M3 is called unchanged at 3.4 percent. Machine tool orders climbed 15.4 percent on year in November.
Australia will see December figures for new motor vehicle sales; in November, sales were down 0.7 percent on month and 3.1 percent on year.
South Korea will release December unemployment data, with analysts expecting the jobless rate to hold steady at 2.9 percent.
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