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Taiwan Inflation Data Due On Monday

Taiwan is on Monday scheduled to release January figures for consumer and wholesale inflation, highlighting a modest day for Asia-Pacific economic activity.

Consumer prices are expected to rise 1.99 percent on year, easing from 2.03 percent in December. WPI is called at 4.14 percent, down from 4.32 percent in the previous month.

Australia will see the results of the inflation forecast for January from TD Securities, while also providing December and Q4 retail sales data and January numbers for job advertisements.

The inflation outlook called for an increase of 0.5 percent on month and 2.4 percent on year in December, while retail sales were flat in November and up 0.6 percent in the third quarter. The total number of job ads fell 0.9 percent on month in December.

Indonesia will provide gross domestic product numbers for the fourth quarter of 2011. Forecasts suggest an increase of 6.45 percent on year and a contraction of 1.5 percent on quarter following the 6.54 percent annual surge and the 3.46 percent quarterly gain.

Finally, the New Zealand stock market is closed in observance of Waitangi Day. It will re-open on Tuesday. Also, the Malaysian bourse is off for the birthday of the Prophet Muhammad; it will remain closed until Wednesday.

by RTTNews Staff Writer

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