Japan’s Tokyo Core CPI increased at its fastest pace since May 1981, but Japan’s Prime Minister Kishida said that inflation driven by domestic demand remains “feeble” and that a return to deflation should not be ruled out.
Japan’s government debt is expected to exceed quadrillion yen in fiscal 2026/27.
South Korea’s POSCO Holdings reported a 46.7% yr/yr drop in 2022 profit resulting from a four-month suspension of its operations.
Japan’s January Tokyo CPI 4.4% yr/yr (last 4.0%) and Core CPI 4.3% yr/yr (expected 4.2%; last 4.0%)
South Korea’s February Manufacturing BSI Index 66 (last 71)
Singapore’s Q4 URA Property Index 0.4% qtr/qtr (last 3.8%)
Australia’s Q4 PPI 0.7% qtr/qtr (expected 1.7%; last 1.9%); 5.8% yr/yr (expected 6.3%; last 6.4%). Q4 Import Price Index 1.8% qtr/qtr (last 3.0%) and Export Price Index -0.9% qtr/qtr (last -3.6%)
New Zealand’s January ANZ Business Confidence -52.0 (expected -64.2; last -70.2)