FX.co ★ Japan Household Spending Data Due On Friday

Japan is set to announce its November household spending figures on Friday, which will be a notable update in the otherwise light Asia-Pacific economic calendar. Analysts anticipate a monthly decline of 0.9% and an annual decrease of 0.8%. This follows October's mixed performance, where spending increased by 2.9% month-on-month but experienced a year-over-year decline of 1.3%.

In addition, Japan will reveal data from November for its leading and coincident economic indexes. These indexes registered gains of 0.2% and 2.8%, respectively, in October.

Meanwhile, Indonesia is expected to release its retail sales figures for November. The previous data from October showed a year-over-year increase of 1.5% in retail activity.

Malaysia will also disclose its November statistics concerning industrial production and unemployment rates. In October, industrial output rose by 2.1% compared to the same month in the previous year, while the unemployment rate stood at 3.2%.