South Korea will on Thursday release February figures for industrial production, setting the pace for a busy day in Asia-Pacific economic action.
Industrial production is expected to be flat on month and slip 0.5 percent on year after falling 1.2 percent on month and gaining 1.8 percent on year in January.
South Korea also will see February retail sales data; in January, sales fell 1.4 percent on month but gained 4.5 percent on year.
New Zealand will see March results for the business confidence survey and activity outlook from NBNZ. In February, the business confidence index score was 7.1, while the outlook was at 25.5.
Australia will provide February figures for private sector credit and job vacancies. Credit is expected to have added 0.5 percent on month and 6.5 percent on year – both unchanged from the previous month. Vacancies were up 3.5 percent in January.
Japan will see February numbers for housing starts and construction orders. Housing starts are expected to sink 2.4 percent on year to 880,000 after gaining 0.2 percent to 873,000 in January. Construction orders tumbled an annual 13.8 percent in the previous month.
Hong Kong will release February numbers for retail sales. By value, sales are expected to fall 6.5 percent on year after shedding 5.2 percent in January. By volume, sales are expected to slide 7.8 percent after falling 6.5 percent in the previous month.
Thailand will provide February figures for imports, exports, trade balance and current account. In January, imports were down 17.8 percent on year, while exports fell 9.3 percent for a trade surplus of $2.636 billion. The current account surplus was $4.066 billion.
Malaysia will see February numbers for producer prices; in January, prices fell 1.4 percent on month and 4.4 percent on year.
The material has been provided by InstaForex Company – www.instaforex.com