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The Philippines will release Q4 GDP data and also announce its decision on interest rates, headlining a modest day for Asian economic news.
Analysts are expecting GDP to add 1 percent on quarter and 1.1 percent on year following the 1 percent quarterly gain and the 0.8 percent annual expansion in the third quarter. Also, the central bank is widely expected to keep interest rates on hold at the current level of 4 percent.
Japan will provide December figures for retail sales, which are expected to add 0.3 percent on month following the 1 percent decline on year a month earlier. Large retailer sales are expected to shed 7.3 percent on year after the 9.6 percent annual contraction in November.
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