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Asian Economic News

China Inflation Data Due On Monday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China is on Monday scheduled to release March figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity.

The consumer price index is expected to come in at 3.5 percent, up from 3.2 percent in February. The producer price index is called at -0.3 percent after showing a flat reading in the previous month.

Japan will provide February figures for current account and trade balance. The current account is expected to show a surplus of 1.120 trillion yen, down 34.1 percent on year. That follows the 180 percent annual contraction in January to a deficit of 437.3 billion yen. The trade balance is expected to show a surplus of 104.3 billion yen following the shortfall of 1.381 trillion yen in the previous month.

Finally, the stock markets in New Zealand, Australia and Hong Kong are closed for Easter Monday.

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