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Wednesday, December 11, 2024

Australia Unemployment Data Due On Thursday

Australia is set to unveil unemployment figures for November on Thursday, marking a mellow day in Asia-Pacific economic events. Expectations indicate a slight increase in the jobless rate to 4.2 percent from October's 4.1 percent. This comes alongside a projected addition of 26,000 jobs, following last month's 15,900 job increase. The participation rate is anticipated to remain stable at 67.1 percent.

In New Zealand, November's electronic card retail sales figures will be released. The previous month saw a 0.6 percent month-on-month increase, although there was a 1.1 percent decrease year-on-year.

Hong Kong will disclose its third-quarter data on industrial production and producer prices. In the preceding quarter, industrial output experienced a 0.7 percent year-on-year rise, while producer prices increased by 3.1 percent year-on-year.


The material has been provided by InstaForex Company - www.instaforex.com
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