CANBERA (dpa-AFX) - China will on Monday release its official manufacturing PMI for January, highlighting a busy day in Asia-Pacific economic activity.
The manufacturing activity is expected to show a score of 49.6, down slightly from 49.7 in December. The non-manufacturing PMI had a score of 54.4 in December.
China also will see January results of the manufacturing PMI from Caixin, with forecasts suggesting no change from the December score of 48.2.
Australia will see January data from the Performance of Manufacturing Index from AiG; in December, the score was 51.9. Australia also will see the inflation forecast for January from TD Securities; in December, the inflation forecast called for an increase of 0.2 percent on month and 2.0 percent on year.
Also, the Reserve Bank of Australia will released its commodity price index for January; in December, the index plummeted23.3 percent on year to a score of 71.2.
Indonesia will provide January numbers for inflation; in December, consumer prices were up 0.96 percent on month and 3.35 percent on year, while core CPI advanced 0.13 percent on month and 3.95 percent on year.
Thailand will release January data for consumer and producer prices. In December, inflation was up 0.39 percent on month and down 0.9 percent on year, while core CPI slipped 0.02 percent on month and added 1.1 percent on year. Producer prices fell 0.8 percent on month and 2.7 percent on year.
South Korea will see January numbers for imports, exports and trade balance, plus December figures for current account.
Imports are expected to fall 15.0 percent on year after tumbling 19.2 percent in December. Exports are called lower by 10.3 percent after slipping 13.8 percent in the previous month. The trade balance is expected to show a surplus of $6.679 billion, down from $7.162 billion a month earlier. The current account surplus was $9.40 billion in November.
A series of manufacturing PMIs will be released from Nikkei, including Japan (52.4 previous), South Korea (50.7), Taiwan (51.7), Indonesia (47.8), Malaysia (48.0) and Vietnam (51.3).
Finally, the markets in Malaysia will be closed on Monday in observance of Federal Territory Day, and will re-open on Tuesday.
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© 2016 AFX News
