-
Asia week ahead: China activity data plus growth from Japan
Next week features China's data deluge with retail sales and industrial output as well as inflation data for India. Meanwhile, Japan reports GDP and Australia releases jobs numbers. Onion prices leading India’s inflation India releases inflation data next week. October is the beginning of the festive and wedding season, and food inflation is expected to accelerate due to strong demand. Onion prices in particular have increased for six consecutive months, and last month surged by 60% month-on-month according to India’s Department of Consumer Affairs. As such, we expect inflation to push up to 5.3% year-on-year. ... (full story)