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Japan Producer Prices On Tap For Friday

by June 23, 2016 General
TOKYO (dpa-AFX) – Japan will on Friday release May figures for producer prices, highlighting a modest day for Asia-Pacific economic activity. Producer prices are expected to have added 0.1 percent on year after rising 0.2 percent in April.

Singapore will provide May numbers for industrial production, with forecasts suggesting a decline of 4.4 percent on month and 1 percent on year. That follows the 4.8 percent monthly increase and the 3.7 percent yearly gain in April.

Malaysia will see April figures for unemployment; in March, the jobless rate was 3.5 percent and the participation rate was 67.9 percent.

The Philippines will release April data for imports and trade balance. Imports are expected to jump 20 percent on year after rising 11.7 percent in March. The trade deficit is pegged at $18.83 million.

Copyright RTT News/dpa-AFX