Asian Economic News

Thai GDP On Tap For Monday

Thailand is on Monday scheduled to release gross domestic product numbers for the first quarter of 2012, highlighting a modest day for Asia-Pacific economic activity.

GDP is expected to rise 8.6 percent on quarter but fall 3.1 percent on year. That follows the 10.7 percent quarterly plunge and the 9.0 percent annual contraction in the fourth quarter of 2011.

Japan will provide March data for its all industry activity index, plus final March figures for its leading and coincident indexes. The all-industry index is expected to ease 0.1 percent on month after falling by the same rate in February. And little change is expected from the preliminary readings that suggested a score of 96.6 for the leading index and 96.5 for the coincident.

New Zealand will announce April numbers for credit card spending and net migration. Spending was up 0.3 percent on month and 5.2 percent on year in March, while migration saw an increase of 130 people.

by RTTNews Staff Writer

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