South Korea is set to release its October statistics concerning imports, exports, and trade balance on Friday, drawing attention to a bustling day for economic activities across the Asia-Pacific region.
Expectations indicate a 2.3 percent year-on-year increase in imports, slightly up from September's 2.2 percent. Exports are projected to grow by 6.1 percent annually, showing a decrease from the 7.5 percent increase recorded the month prior. The trade surplus is anticipated to be $4.60 billion, a decline from the previous month's $6.66 billion.
Australia is slated to divulge its September numbers for building approvals and home loans, along with third-quarter statistics for producer prices. Building approvals are forecasted to rise by 1.9 percent month-on-month, following a sharp 6.1 percent drop in August. Home loans experienced a 0.7 percent increase in August, while producer prices rose by 1.0 percent quarter-on-quarter and 4.8 percent year-on-year in Q2.
Indonesia is preparing to announce its October consumer price data. In September, the overall inflation dipped by 0.12 percent month-on-month and rose by 1.84 percent year-on-year, with core CPI increasing by an annual 2.09 percent.
Hong Kong will be sharing its September retail sales data; notably, sales in August registered a 10.1 percent decline year-on-year.
New Zealand will present its September statistics for building permits; August saw a 5.3 percent monthly decrease in permits.
Lastly, several nations in the region are set to reveal their October manufacturing PMI results from S&P Global. These reports will include data from Australia (Judo Bank), Indonesia, Japan (Jibun Bank), Malaysia, South Korea, Taiwan, Thailand, Vietnam, and China (Caixin).