Japan is scheduled to release a batch of data on Monday, highlighting a modest day for Asia-Pacific economic activity. On tap are final March figures for the leading and coincident indexes, plus April numbers for machine tool orders, convenience store sales, department store sales and Tokyo condominium sales. In addition, the Cabinet Office will release its monthly economic report for May.
The leading and coincident indexes are expected to see little change from the preliminary reading that suggested scores of 97.6 and 93.3, respectively. Machine tool orders plummeted 24.1 percent on year in March, while convenience store sales eased 0.4 percent, department store sales added 3.9 percent and condominium sales surged 48.4 percent.
New Zealand will see the April results for its Performance of Services index; in March, it came in at 55.4.
Thailand will provide gross domestic product numbers for the first quarter of 2013; in the previous three months, GDP was up 3.6 percent on quarter and 18.9 percent on year.
Hong Kong will announce its unemployment rate for April, with forecasts suggesting 3.4 percent - easing from 3.5 percent in March.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.