China is scheduled to release a raft of data on Thursday, headlining an active day for Asian economic news. The National Bureau of Statistics will announce Q1 GDO, as well as March numbers for inflation, PPI, industrial production, retail sales and urban fixed asset investment.
GDP is expected higher by 6.2 percent on year, slowing from the 6.8 percent expansion in the previous three months. Inflation is forecast to fall 1.3 percent after the 1.6 percent decline in February. PPI is called lower by 5.8 percent on year following the 4.5 percent contraction a month earlier. Industrial production is forecast to add an annual 6.3 percent after the 11 percent gain in February. Retail sales are projected higher by 15.1 percent on year, easing slightly from the 15.2 percent annual gain in the previous month. FAI is expected to add an annual 26.4 percent after gaining 26.5 percent a month earlier.
The Philippines will provide export numbers for March, with analysts predicting a 38.5 percent annual decline after the 40.6 percent fall in February.
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