Japan Data On Tap For Friday

(RTTNews) - Japan is scheduled to release a raft of data on Friday, headlining a busy day in Asia-Pacific economic activity.

On tap are November numbers for household spending, unemployment, inflation, retail trade, industrial production, labor cash earnings and vehicle production - as well as the December results for the Nomura manufacturing PMI.

Household spending is expected to rise 1.8 percent on year after adding 0.9 percent in October. The unemployment rate is called at 3.9 percent, down from 4.0 percent in the previous month. Retail sales are expected to climb 1.0 percent on month and 3.0 percent on year following the 0.9 percent monthly decline and the 2.4 percent yearly gain in October.

Industrial output is forecast to add 0.4 percent on month and 5.4 percent on year after rising 1.0 percent on month and 5.4 percent on year in October. Labor cash earning are called higher by 0.3 percent on year after easing 0.1 percent in the previous month. Vehicle production jumped an annual 10.1 percent a month earlier. The manufacturing PMI saw a score of 55.1 in November.

China will release November numbers for industrial profits; in October, profits were up 13.7 percent on year.

The Philippines will provide October numbers for imports, exports and trade balance. In September, imports were worth $5.72 billion and exports were at $5.05 billion, resulting in a trade deficit of $0.67 billion.

Singapore will see November figures for producer prices; in October, PPI was down 0.6 percent on month and 0.4 percent on year.

Thailand will release November data for imports, exports and trade balance. In October, imports were worth $18.70 billion and exports were at $19.04 billion for a trade surplus of $0.34 billion.