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Alliance News

Australia Data Due On Thursday

Thu, 3rd May 2018 00:07

CANBERA (Alliance News) - Australia is scheduled to release a number of reports on Thursday, headlining a modest day for Asia-Pacific economic activity.

On tap are March numbers for trade balance and building approvals, as well as April results for the Performance of Service Index from AiG.

The trade balance is expected to show a surplus of AUD950 million, up from AUD825 million in February. Building approvals are expected to add 1.0% on month and 10.8% on year after sliding 6.2% on month and 3.1% on year in the previous month. The services index score was 56.9 in March.

New Zealand will see April results for job ads and the commodity price index from ANZ Bank. In March, job ads added 0.9% on month, while commodity prices gained 1.2%.

Thailand will provide April numbers for consumer and producer prices. In March, CPI was down 0.09% on month and up 0.79% on year, while producer prices fell 0.1% on month and 1.4% on year.

The Philippines will release April numbers for producer prices; in March, prices were up 0.1% on month and down 1.2% on year.

Finally, the markets in Japan are closed on Thursday and Friday for Constitution Day and Greenery Day, respectively. They will re-open on Monday.

Copyright RTT News/dpa-AFX

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