Japan is on Monday scheduled to release preliminary Q2 figures for gross domestic product, setting the pace for an otherwise light day in Asia-Pacific economic activity.
GDP is expected to rise 0.6 percent on quarter and 2.3 percent on year following the 1.2 percent quarterly increase and the 4.7 percent annual surge in the first quarter. Nominal GDP is called higher by 0.4 percent on quarter after rising 1.2 percent in the previous three months. The GDP deflator is expected to fall 0.8 percent on year after shedding 1.3 percent in the prior quarter.
New Zealand will provide July numbers for food prices, with analysts expecting an increase of 0.6 percent on month following the 1.4 percent gain in June.
Finally, the stock markets in Thailand are closed on Monday for the Queen's birthday, and will re-open on Tuesday.
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Economic News