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FX.co ★ South Korea GDP Data Due On Tuesday

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typeContent_19130:::2024-03-04T22:34:00

South Korea GDP Data Due On Tuesday

On Tuesday, South Korea is expected to reveal Q4 statistics for its gross domestic product (GDP). The data is anticipated to show a quarterly increase of 0.6% and an annual increase of 2.2%, following a previous quarterly increase of 0.6% and annual increase of 1.1%.

Japan will release the February inflation figures for the Tokyo area. In January, both the overall inflation rate and the core Consumer Price Index (CPI) saw a yearly increase of 1.6%.

For Q4, Australia is expected to report data for its current account, which is projected to indicate a surplus of AUD 5.0 billion. This contrasts with the AUD 0.2 billion deficit seen in the prior quarter.

Singapore will disclose retail sales data for January. In the preceding month of December, retail sales had declined by 1.5% monthly and by 0.4% annually.

Thailand is set to share its consumer price figures for February. The anticipated data suggests a potential annual decrease of 0.8% in overall inflation, marking a slowdown from January's 1.11% decline. Nevertheless, the core CPI looks set to rise by 0.47%, following a 0.52% increment in the prior month.

Lastly, February's Purchasing Managers' Index (PMI) results are expected to be released by several regions, including Australia, Japan, Singapore, Hong Kong, and China.

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