South Korea GDP On Tap For Friday

(RTTNews) - South Korea will on Friday release Q3 figures for the third quarter of 2013, highlighting a busy day for Asia-Pacific economic activity.

GDP is expected to rise 0.5 percent on quarter and 2.8 percent on year following the 1.1 percent quarterly gain and the 2.3 percent yearly increase in the second quarter.

Japan will see September figures for inflation, with analysts expecting an increase of 0.9 percent on year - unchanged from the August reading. Core CPI is called at 0.7 percent, down from 0.8 percent in the previous month.

Japan also will release September numbers for its corporate service price index, with forecasts suggesting an increase of 0.8 percent on year - up from 0.6 percent in August.

The Philippines will provide August data for imports, exports and trade balance. In July, imports were worth $5.49 billion and exports were at $4.84 billion for a trade deficit of $0.65 billion.

Singapore will announce September numbers for industrial production, with analysts forecasting an increase of 7.7 percent on month and 7.0 percent on year. That follows the 1.4 percent monthly contraction and the 3.5 percent yearly increase in August.

Malaysia will release September numbers for inflation, with forecasts calling for an increase of 0.6 percent on month and 2.5 percent on year. That follows the 0.1 percent monthly increase and the 1.9 percent yearly gain in August.