Asian Economic News

Japan Data On Tap For Tuesday

Japan is on Tuesday scheduled to release March numbers for loans and discounts, as well as April data for machine tool orders and corporate goods prices, highlighting a modest day for Asia-Pacific economic activity.

Loans were up 1.4 percent on year in February, while machine tool orders plummeted an annual 21.5 percent in March. Corporate goods prices are expected to add 0.1 percent on month but fall 0.2 percent on year after gaining 0.1 percent on month and losing 0.5 percent on year in the previous month.

New Zealand will see Q1 figures for retail sales, with forecasts suggesting an increase of 0.8 percent on quarter following the 2.1 percent jump in the previous three months.

Indonesia's central bank will conclude its monetary policy meeting and then announce its decision on interest rates; the bank is widely expected to keep rates on hold at 5.75 percent.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Economic News