CANBERA (dpa-AFX) - Australia will release a raft of data on Monday, setting the pace for a busy day in Asia-Pacific economic activity. On tap are November numbers for performance of manufacturing, commodity prices and inflation forecast, as well as Q3 numbers for company operating profits.
The manufacturing PMI had a score of 49.4 in October, while the commodity price index tumbled 16.9 percent on year to a score of 88.4 in the previous month. The inflation forecast suggested an increase of 0.2 percent on month and 2.3 percent on year. Company operating profits are tipped to fall 1.3 percent on quarter after dropped 6.9 percent in Q2, while inventories are tipped to add 0.2 percent after gaining 0.8 percent in the second quarter.
Japan will see Q3 data for capital spending, and November numbers for vehicle sales and the Markit PMI for manufacturing.
Capital spending is expected to add 2.0 percent, slowing from 3.0 percent in the second quarter. Excluding software, capital spending is expected to gain 1.5 percent after rising 1.9 percent in Q2. Vehicle sales dropped 9.1 percent on year in October, while the manufacturing PMI had a score of 52.1.
China will see November results for the HSBC manufacturing PMI, as well as the official manufacturing PMI. The HSBC index is expected to hold steady at 50.0, while the official PMI is called at 50.5, down from 50.8.
Thailand will see November numbers for consumer and producer prices. In October, CPI was down 0.1 percent on month and up 1.5 percent, while PPI dipped 0.5 percent on month and 1.3 percent on year.
Indonesia will release trade data for October and November numbers for inflation and its manufacturing PMI. Imports were worth $15.55 billion in September, while exports were at $15.28 billion for a trade deficit of $0.27 billion. CPI is expected to gain 1.2 percent on month and 5.9 percent on year after adding 0.47 percent on month and 4.83 percent on year in October. The manufacturing PMI had a score of 49.2 in October.
Hong Kong will release retail sales figures for October, with analysts expecting an increase of 5.5 percent following the 6.6 percent jump in September.
South Korea will see November results for the manufacturing PMI from Markit Economics; in October, the index had a score of 48.7.
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