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Japan Leading Index Data Due On Wednesday
(RTTNews) - Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity.
The leading index is expected to slip 0.3 percent on month after climbing 2.2 percent in September. The coincident is seen higher by 2.5 percent on month after rising 1.3 percent in the previous month.
Japan also will see November numbers for producer prices, with forecasts suggesting an increase of 3.0 percent on year, up from 2.9 percent in October.
Most of the region is off on Wednesday for the Christmas Day holiday, including South Korea, Malaysia, Singapore, Hong Kong, Indonesia, Australia and New Zealand.
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U.S. Consumer Prices Increase In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
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