Japan GDP Fata Due On Thursday

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Japan GDP Fata Due On Thursday

(RTTNews) - Japan will on Thursday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.

GDP is expected to fall 0.4 percent on quarter and 1.5 percent on year after adding 0.1 percent on quarter and 0.4 percent on year in the previous three months.

Japan also will see final March data for industrial production, with forecasts suggesting an increase of 3.8 percent on month following the 0.6 percent decline in February.

Australia will see April figures for unemployment, with forecasts pegging the jobless rate at 4.9 percent - up from 3.8 percent in March. The economy is expected to have added 25,300 jobs following the loss of 6,600 jobs in the previous month.

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