CANBERA (dpa-AFX) - China will release a raft of data on Wednesday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q2 numbers for GDP, plus June data for industrial production, retail sales and fixed asset investment.
GDP is expected to add 1.8 percent on quarter and 7.4 percent on year after gaining 1.4 percent on quarter and 7.4 percent on year in the previous three months.
Industrial production is tipped to rise 9.0 percent on year, up from 8.8 percent in May. Retail sales are called higher by 12.5 percent on year, unchanged from the previous month. FAI is also called steady at 17.2 percent.
New Zealand will release Q2 numbers for consumer prices, with forecasts suggesting an increase of 0.4 percent on year and 1.8 percent on quarter. That follows the 1.5 percent annual jump and the 0.3 percent quarterly gain.
Australia will see June results for the Westpac leading index; in May, the index was up 0.1 percent on month.
Malaysia will provide June numbers for consumer prices, with forecasts suggesting an increase of 0.2 percent on month and 3.3 percent on year. That's up from the 0.1 percent monthly increase and the 3.2 percent annual gain in May.
South Korea will release unemployment data for June, with the jobless rate expected to hold steady at 3.7 percent.
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