Japan will on Tuesday release preliminary Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.4 percent on quarter and 1.7 percent on year, up from 0.3 percent on quarter and 1.3 percent on year in the three months prior.
New Zealand will provide April numbers for electronic card retail sales and Q1 data for producer prices. Card sales in March were up 0.7 percent on month and 2.7 percent on year. PPI inputs were up 0.8 percent on quarter after slipping 0.5 percent in the previous three months. Outputs rose 0.5 percent on quarter after adding 0.1 percent in the three months prior.
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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.