Indonesia Trade Data On Tap For Monday

(RTTNews) - Indonesia will on Monday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

Imports are expected to be down 8.55 percent on year after tumbling an annual 15.99 percent in January. Exports are called lower by 9.55 percent after dipping 8.09 percent in the previous month. The trade balance is tipped to show a surplus of $635 million, down from $709 million a month earlier.

Australia will see February data for new motor vehicle sales; in January, sales were down 1.5 percent on month and up 0.2 percent on year.

Japan will provide February figures for Tokyo condominium sales; in January, sales tumbled an annual 8.1 percent.