Singapore is on Friday scheduled to release an advance estimate for gross domestic product for the first quarter of 2013, highlighting a modest day for Asia-Pacific economic activity. In the fourth quarter of 2012, GDP was up 3.3 percent on quarter and 1.5 percent on year.
Japan will announce February numbers for its tertiary industry index, with forecasts suggesting an increase of 0.7 percent on month following the 1.1 percent contraction in January.
New Zealand will see March numbers for food prices; in February, they were down 0.3 percent on month and 0.1 percent on year.
Australia will provide credit card balance data for February; in January, balances were at A$48.7 billion, while purchases came in at A$19.8 billion.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.