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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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.