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Sunday, December 15, 2024

China Data On Tap For Monday

China is set to unveil a comprehensive set of data on Monday, marking a significant day for economic activity in the Asia-Pacific region. The anticipated release includes November figures for industrial production, retail sales, fixed asset investment, house prices, and unemployment rates.

In October, China experienced a 5.3 percent year-on-year increase in industrial production, a 4.8 percent rise in retail sales, a 3.4 percent gain in fixed asset investment, a 5.9 percent decline in house prices, and a stable unemployment rate of 5.0 percent.

Japan will report October data for core machine orders, following a 0.7 percent decline from the previous month and a 4.8 percent decrease year-on-year in September. Additionally, Japan will reveal preliminary December results for the Jibun Bank services and manufacturing Purchasing Managers' Indices (PMIs), where November scores were 50.5 and 49.0, respectively.

South Korea is set to release November statistics for imports, exports, and trade balance. In October, imports decreased by 2.4 percent year-on-year, while exports increased by 1.4 percent, resulting in a trade surplus of $5.61 billion.

Australia will disclose preliminary December outcomes for the Judo Bank services and manufacturing PMIs, with November marks at 50.5 and 49.4, respectively.

Meanwhile, Indonesia will publish November data on imports, exports, and trade balance. In October, imports surged by 17.49 percent year-on-year, and exports rose by 10.25 percent, achieving a trade surplus of $2.47 billion.


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