On Tuesday, China is expected to release several key economic indicators. These include Q1 GDP estimates, retail sales, industrial output, fixed asset investment, and unemployment rates. The country’s GDP is predicted to grow by 0.8 percent on the quarter and 4.8 percent on the year, with a decrease in the unemployment rate from 5.3 percent to 5.2 percent. House prices are expected to be down 1.2 percent year over year.
Meanwhile, Indonesia will release March trade balance, export, and import data following a $0.87 billion trade surplus in February. Thailand’s market will reopen on Wednesday after being closed for the Songkran Festival.
In addition to these economic indicators, China’s retail sales are forecasted to increase by 5.1 percent annually, while industrial production is estimated to rise by 5.4 percent year over year. Fixed asset investments are predicted to be up 4.3 percent year over year as well.