CANBERA (dpa-AFX) - South Korea will on Tuesday release preliminary Q4 figures for gross domestic product, highlighting a busy day in Asia-Pacific economic activity.
GDP is expected to expand 0.6 percent on quarter and 2.9 percent on year following the 1.3 percent quarterly advance and the 2.7 percent yearly gain in the third quarter.
Japan will provide December figures for producer prices, which are expected to rise 0.2 percent on year - unchanged from the previous month.
New Zealand will see December data for credit card spending; in November, spending was up 0.7 percent on month and 8.5 percent on year.
The Philippines will release November numbers for imports and trade balance. Imports are expected to rise 16.1 percent on year after gaining 16.8 percent in October. The trade deficit is pegged at $1.310 billion, up from the $1.937 billion shortfall in the previous month.
Singapore will provide December figures for industrial production, with forecasts suggesting an increase of 1.4 percent on month and a decline of 6.7 percent on year. That follows the 3.6 percent monthly contraction and the 5.5 percent yearly fall in November.
Hong Kong will see December data for imports, exports and trade balance. In November, imports were down 8.1 percent on year and exports were down an annual 3.5 percent for a trade deficit if 33.1 billion Hong Kong dollars.
Finally, the markets in Australia are closed on Tuesday for Australia Day, and will re-open on Wednesday.
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