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Old 02-20-2020, 08:56 PM   Nav to Top  #281
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Japan Inflation Data On Tap For Friday



Japan is on Friday scheduled to release January figures for consumer prices, headlining a busy day for Asia-Pacific economic activity.

Overall inflation is expected to gain 0.7 percent on year, slowing from 0.8 percent in December. Core CPI is tipped to gain an annual 0.8 percent, up from 0.7 percent in the previous month.

Japan also will see February readings for the manufacturing PMI from Jibun Bank and the services and composite PMIs from Nikkei. In January, the manufacturing PMI had a score of 48.8, while the services PMI was at 51.0 and the composite came in at 50.1.

Japan also will see December data for the all industry activity index, with forecasts suggesting an increase of 0.3 percent on month - slowing from 0.9 percent in the previous month.

Malaysia will see January figures for consumer prices; in December, inflation was up 0.2 percent on month and 1.0 percent on year.

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Old Yesterday, 05:59 AM   Nav to Top  #282
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German Business Confidence Improves In February



Germany's business confidence improved in February, reports said citing survey data from the ifo institute on Monday.

The business climate index rose to 96.1 in February from 96.0 in the previous month. The score was above the forecast of 95.3.

The assessment of current situation weakened from last month, while expectations improved in February.

The current conditions index came in at 98.9 in February versus consensus of 98.6. At the same time, the expectations index rose to 93.4 compared to economists' forecast of 92.1.
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Old Today, 09:02 PM   Nav to Top  #283
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Australia Construction Work Data Due On Wednesday



Australia will on Wednesday release Q4 numbers for construction work done, highlighting a light day for Asia-Pacific economic activity. Construction work is expected to fall 1.0 percent on quarter after losing 0.4 percent in the three months prior.

Japan will provide January figures for supermarket sales; in December, sales were down 3.3 percent on year.

Singapore will see January data for industrial production; in December, industrial production was up 4.1 percent on month and down 0.7 percent on year.

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