CANBERA (dpa-AFX) - Singapore will on Wednesday release final numbers for Q3 gross domestic product, highlighting a busy day in Asia-Pacific economic activity.
GDP is expected to be flat on quarter and rise 1.4 percent on year after showing a 0.1 percent increase on quarter and a 1.4 percent jump on year in last month's advance estimate. In Q2, GDP was down 4.0 percent on quarter and 1.8 percent on year.
The Bank of Japan will release the minutes from its monetary policy meeting on October 30. At the meeting, the central bank kept its benchmark lending rate unchanged at 0-0.10 percent. It also decided to maintain its target of raising the monetary base at an annual pace of about JPY 80 trillion and keep its asset purchase program unchanged.
Japan also will see final September figures for its leading and coincident indexes, October numbers for producer prices and November data for small business confidence.
The leading and coincident indexes are expected to show little change from the preliminary readings of 101.4 and 111.9, respectively, while producer prices are expected to hold steady at 0.6 percent on year. The small business confidence index is called at a score of 48.7.
Australia will see Q3 numbers for construction work done and October results for skilled vacancies. Construction work is expected to fall 2.0 percent after rising 1.6 percent in the second quarter. Skilled vacancies were up 18 percent in September.
The Philippines will release September data for imports and trade balance. Imports are expected to rise 4.5 percent after gaining 4.1 percent in August. The trade deficit is called at $1.555 billion, down from $954 million in the previous month.
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