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FX.co ★ China Inflation Data Due On Friday

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typeContent_19130:::2024-08-08T23:00:00

China Inflation Data Due On Friday

On Friday, China will release its consumer and producer price figures for July, marking a relatively quiet day in terms of Asia-Pacific economic activity.

Consumer prices are projected to increase by 0.3 percent both monthly and annually, following a 0.2 percent monthly decrease and a 0.2 percent annual increase in June. Meanwhile, producer prices are expected to decline by 0.9 percent year-on-year after a 0.8 percent fall in the previous month.

Japan is set to announce its July M money stock data, with predictions indicating a 1.6 percent year-on-year rise, up from 1.5 percent in June.

Malaysia will release its industrial production and unemployment data for June. In May, industrial production had risen by 2.4 percent year-on-year, while the unemployment rate stood at 3.3 percent.

In Indonesia, June retail sales figures will be published; May saw a 2.1 percent year-on-year increase in retail sales.

Lastly, markets in Singapore will remain closed on Friday in observance of the National Day holiday, with trading scheduled to resume on Monday.

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