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Asian Economic News

Australia Data Due On Thursday

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

Australia will release a batch of economic numbers on Thursday, highlighting a modest day for Asia-Pacific economic activity. On tap are May figures for average weekly wages, July numbers for RBA foreign exchange transfers and August data for consumer inflation expectations. Weekly wages were up 1.1 percent on quarter and 4.4 percent on year in April, while the inflation expectation was up 3.3 percent in July.

New Zealand will see the results of the Business NZ Performance of Manufacturing Index for July; the index had a score of 50.2 in June.

Hong Kong will provide the unemployment rate for July; in June, the rate was 3.2 percent.

South Korea will announce the unemployment rate for July, with analysts expecting 3.3 percent - up from 3.2 percent in June.

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