Japan GDP Data Due On Thursday

Japan will on Thursday release final Q3 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to contract 0.3 percent on quarter and 1.1 percent on year after rising 1.1 percent on quarter and 4.6 percent on year in the three months prior.

Japan also will see October figures for current account and November data for bank lending and the eco watchers survey. The current account is expected to show a surplus of 623.4 billion yen, down from 909.3 billion yen in September. Bank lending was up 2.7 percent in October, while the eco watchers survey for current conditions had a score of 49.9 and the outlook was at 46.4.

Australia will provide October figures for imports, exports and trade balance. In September, imports were up 0.4 percent on month and exports jumped 7.0 percent for a trade surplus of A$12.444 billion.

Indonesia will see November numbers for its consumer confidence index; in October, the index score was 120.3.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT