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Economy And The Numbers

Japan Industrial Production On Tap For Tuesday

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

Japan is on Tuesday scheduled to release final May numbers for industrial production, highlighting a modest day for Asia-Pacific economic activity.

Little change is expected from last month's preliminary reading that showed a gain of 1.7 percent on month and a decline of 2.3 percent on year.

Japan also will see final May numbers for machine tool orders; the preliminary reading suggested a contraction of 7.4 percent on year.

Australia's central bank will release the minutes from its June monetary policy meeting. At the meeting, the RBA left its cash rate on hold at 2.75 percent.

China will see May results for the leading and coincident indexes from the Conference Board; in April, they were up 1.5 percent and 0.2 percent, respectively.

Hong Kong will release May numbers for unemployment, with analysts expecting the rate to hold steady at 3.5 percent.

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