Japan will release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are June figures for household spending and current account and July numbers for bank lending and the eco watchers survey.
Household spending is expected to fall 3.0 percent on month and rise 2.8 percent on year after adding 4.6 percent on month and 4.7 percent on year in May. The current account is tipped to show a surplus of 2.76 trillion yen, down from 2.82 trillion yen in the previous month.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.