Australia is set to release its Q2 construction work data on Wednesday, marking the beginning of a relatively quiet day for economic events in the Asia-Pacific region.Analysts anticipate a 0.8 percent increase in construction activity for the quarter, rebounding from a 2.9 percent decline in the previous three months.In addition, Australia will publish July figures for the weighted mean Consumer Price Index (CPI). Projections suggest that annual inflation will drop to 3.40 percent, a decrease from June’s 3.8 percent.Japan will report its June performance for both the leading and coincident indexes. Forecasts indicate the leading index will decline by 2.6 percent month-on-month, following a 0.3 percent rise in May. Similarly, the coincident index is expected to decrease by 3.4 percent month-on-month, after a 1.9 percent increase in the previous month.The material has been provided by InstaForex Company – www.instaforex.com
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