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Thailand GDP On Tap For Monday 79 days ago
(RTTNews) - Thailand is on Monday scheduled to release gross domestic product figures for the third quarter of 2009, headlining a modest day for Asian economic news.
Analysts are expecting the Thai economy to expand 2.3 percent compared to the previous three months - the same rate of quarterly gain as in Q2. On an annual basis, GDP is called lower by 3.2 percent after the 4.9 percent contraction in the second quarter.
Singapore is scheduled to announce October numbers for its consumer price index. Forecasts call for a decline of 0.5 percent on year following the 0.4 percent annual contraction in September.
Taiwan is set to provide October figures for commercial sales, export orders, industrial output and seasonally adjusted unemployment. Commercial sales are seen higher by 1.61 percent on year after the 0.59 percent annual decline in September. Export orders are tipped to add 3.95 percent on year following the 3 percent fall in the previous month. Industrial production is tipped to jump 5.62 percent on year after adding 1.01 percent a month earlier. The unemployment rate is forecast to come in at 6.1 percent - up slightly from 6.09 percent in September.
Finally, the Japanese stock markets are closed on Monday in observance of Labor Thanksgiving Day. They will re-open on Tuesday.
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