Indias industrial output declined unexpectedly in August on weak manufacturing, data from the statistics ministry showed on Friday. Industrial output dropped 1.1 percent year-on-year in August, reversing a revised 4.6 percent expansion seen in July. Economists had forecast production to grow at a…

Malaysias government lowered its fiscal deficit target for next year in the Budget 2020 unveiled on Friday. In the latest budget announcement, Finance Minister Lim Guan Eng said the fiscal deficit is forecast to narrow to 3.2 percent of gross domestic product in 2020 from 3.4 percent projected for…

Singapore retail sales declined at a faster pace in August, data from the Department of Statistics showed on Friday. Retail sales declined 4.1 percent year-on-year in August, following a 1.5 percent fall in July. Motor vehicle sales plunged 20.3 percent, in contrast to a 1.5 percent rise in July….

Malaysias industrial production grew at a faster pace in August, data from the Department of Statistics showed on Friday. Industrial production rose 1.9 percent year-on-year in August, following a 1.2 percent rise in July. Economists had expected production to rise 2.0 percent. Manufacturing output…

Sri Lankas central bank left its key interest rates unchanged despite weak economic growth and higher inflation. The monetary board of the Central Bank of Sri Lanka decided to keep the Standing Deposit Facility Rate and the Standing Lending Facility Rate steady at 7.00 percent and 8.00 percent, respectively,…

The manufacturing sector in New Zealand continued to contract in September, and at a steady pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 48.4. Thats unchanged from the August reading and it remains beneath the boom-or-bust line of 50 that separates…

New Zealand will see September results for the manufacturing PMI from BusinessNZ on Friday, highlighting a modest day for Asia-Pacific economic activity. In August, the PMI score was 48.4. New Zealand also will release September figures for credit card spending; in August, overall electronic spending…

The Philippine trade deficit narrowed in August on a sharp fall in imports, data from the Philippine Statistics Authority showed Thursday. The visible trade deficit narrowed to $2.41 billion in August from $3.6 billion last year. Economists had forecast a shortfall of $3.6 billion. Exports grew…

The total number of home loans in Australia was up a seasonally adjusted 3.2 percent on month in August, the Australian Bureau of Statistics said on Thursday – coming in at 33,468. That exceeded expectations for an increase of 2.3 percent following the upwardly revised 4.3 percent increase in July…

Core machine orders in Japan fell a seasonally adjusted 2.4 percent on month in August, the Cabinet Office said on Thursday – standing at 875.3 billion yen. That missed expectations for a flat reading following the 6.6 percent decline in July. On a yearly basis, core machine orders plummeted 14.5…

Core machine orders in Japan were down a seasonally adjusted 2.4 percent on month in August, the Cabinet Office said on Thursday – coming in at 875.3 billion yen. That missed expectations for a flat reading following the 6.6 percent decline in July. On a yearly basis, core machine orders plummeted…

Producer prices in Japan were flat on month in September, the Bank of Japan said on Thursday – matching forecasts following the 0.3 percent decline in August. On a yearly basis, producer prices were down 1.1 percent – again in line with expectations after sliding 0.9 percent in the previous month. Export…

Overall bank lending in Japan was up 2.0 percent on year in September, the Bank of Japan said on Thursday – coming in at 539.350 trillion yen. That was in line with expectations and up from 2.1 percent in August. Excluding trusts, lending was up an annual 2.2 percent – unchanged from the previous…

New Zealand Food prices were flat on an unadjusted monthly basis in September, Statistics New Zealand said on Thursday – slowing from the 0.7 percent increase in August. On a seasonally adjusted basis, food prices were up 0.3 percent. Individually, fruit and vegetable prices fell 1.9 percent (up…

Food prices in New Zealand were flat on an unadjusted monthly basis in September, Statistics New Zealand said on Thursday – slowing from the 0.7 percent increase in August. On a seasonally adjusted basis, food prices were up 0.3 percent. Individually, fruit and vegetable prices fell 1.9 percent…

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