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FX.co ★ New Zealand Retail Card Sales Data Due On Thursday

New Zealand Retail Card Sales Data Due On Thursday

On Thursday, New Zealand is set to release the August data for electronic card retail sales, spotlighting a relatively light day for economic activities in the Asia-Pacific region. In the previous month, July, card sales experienced a slight decline of 0.1 percent month-on-month and 4.9 percent year-on-year.

Japan is expected to disclose the August figures for producer prices, with forecasts pointing to a stable monthly reading and an annual increase of 2.8 percent. This marks a decrease from July's figures, which showed a 0.3 percent monthly rise and a 3.0 percent annual increase.

Hong Kong is scheduled to report its Q2 statistics for industrial production and producer prices. In the preceding three months, industrial production grew by 1.8 percent year-on-year, while producer prices increased by 1.2 percent year-on-year.

Thailand will unveil its August consumer confidence index results. In July, the index registered a score of 57.7.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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