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Global Economic News

Japan Data Due On Friday

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

Japan is scheduled to release a batch of data on Friday, highlighting a busy day for Asia-Pacific economic activity. On tap are January numbers for industrial production, retail sales, housing starts and construction orders, as well as February figures for Tokyo area consumer prices.

Industrial output is expected to climb 5.5 percent on month and easing 0.1 percent in December. Sales are seen higher by an annual 0.1 percent after slumping 0.9 percent in the previous month. Housing starts are tipped to fall 1.9 percent on year after losing 1.3 percent a month earlier. Construction orders rallied 20.2 percent on year in December. In January, overall Tokyo inflation was up 1.5 percent on year and core CPI rose 2.0 percent.

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