On Monday, Australia will publish data on December imports, exports and trade balance, underscoring a bustling day for economic activity in the Asia-Pacific region. The trade surplus is expected to be AUD10.51 billion, a decrease from the AUD11.437 billion reported in November, where there was a 1.7% rise in exports and 7.9% slump in imports.
Alongside Australia, Singapore will release data for retail sales in December. In November, retail sales increased by 0.5% monthly and 2.5% annually.
Furthermore, Indonesia is set to announce Q4 GDP figures. Forecasts anticipate a quarter-on-quarter growth of 0.41% and year-on-year growth of 5.00%. This follows the 1.60% quarterly increase and 4.94% yearly gain in Q3.
Thailand is also preparing to share January's consumer prices data, with total inflation projected to decrease by 0.82% year on year after a 0.83% fall in December. Core CPI is predicted to rise by 0.57% annually, slightly less than the 0.58% reported in the preceding month.
Lastly, some regional entities including Australia (Judo Bank), Japan (Jibun Bank), Singapore (S&P Global), Hong Kong (S&P Global), and China (Caixin) will review PMI outcomes.
