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Japan is scheduled to release final gross domestic product numbers for the second quarter on Friday, along with consumer confidence data for August, setting the pace for a busy day in Asian economic news.
GDP is expected to remain higher by 0.9 percent on quarter, as reported in the preliminary estimate. Likewise, annualized GDP is expected to remain at 3.7 percent, while nominal GDP is expected to remain at -0.2 percent and the GDP deflator is predicted to hold at 0.5 percent. The consumer confidence index is expected to come in at 40.2, up from 39.7. Household consumer confidence is called at 40.5, up from 39.4.
China will release all of its August data, including inflation, PPI, industrial production, retail sales, fixed asset investment, imports, exports and trade balance. On an annual basis, inflation is expected to fall 1.3 percent, while industrial output is called higher by 11.8 percent, PPI is forecast to shed 7.8 percent, retail sales are expected to add 15.3 percent, FAI is predicted to surge 32.7 percent, imports are seen lower by 10.5 percent, exports are called lower by 19 percent and the trade balance is expected to show a surplus of $13.6 billion.
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