China is set to publish its December consumer price figures this Thursday, which will be a focal point in a relatively quiet day for economic activity in the Asia-Pacific region. The previous data from November showed a 0.6 percent decrease in consumer prices on a monthly basis, yet a slight 0.2 percent increase on an annual basis. During the same period, producer prices experienced an annual drop of 2.5 percent.
Australia will release its November statistics covering imports, exports, the trade balance, and retail sales. In October, imports saw a modest rise of 0.1 percent month-on-month, while exports increased by 3.6 percent, resulting in a trade surplus of AUD 5.593 billion. Retail sales figures are anticipated to show a 1.0 percent month-on-month growth, up from the 0.6 percent growth observed in the previous month.
In addition, Taiwan is expected to report its December figures for imports, exports, and trade balance. In November, the country recorded a 19.8 percent annual increase in imports, coupled with a 9.7 percent rise in exports, culminating in a trade surplus of $7.92 billion.
