Japan is scheduled to release February unemployment numbers among a raft of data on Tuesday, headlining a busy day for Asian economic news. Also due is data for household spending, construction orders and housing starts.
The unemployment rate is expected to come in at 4.3 percent, up from 4.1 percent in January. Household spending is expected to contract 4.7 percent on year after the 5.9 percent annual fall in the previous month. Construction orders were down 38.3 percent a month earlier. Housing starts are expected to fall 17.7 percent on year to 0.95 million yen.
South Korea will provide February numbers for industrial output, leading index and service industry output. Industrial output is expected to retreat 16.6 percent on year after the 25.6 percent fall in January. The leading index was down 4.5 percent in the previous month, while service industry output is expected to fall an annual 2 percent.
Thailand will release February numbers for imports, exports and trade balance, as well as current account and manufacturing production. Imports are expected to fall 36.5 percent on year, while exports are called lower by 11.3 percent and the trade balance is expected to show a surplus of $3.689 billion. The current account is forecast to show a surplus of $3.9 billion. Manufacturing production is expected to fall 21.3 percent on year.
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