Home Top Stories Asia-Pacific stocks tumble ahead of China inflation data

Asia-Pacific stocks tumble ahead of China inflation data

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Asia-Pacific stocks tumble ahead of China inflation data

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August was marked by extremely hot temperatures in parts of China, prompting temporary power rationing in some regions. Pictured here on Aug. 24, 2022, is the central city of Chongqing’s skyline with the lights partially turned off to conserve energy during the heatwave.

Vcg | Visual China Group | Getty Images

Asia-Pacific markets fell ahead of China’s inflation and trade data for September.

China is slated to release inflation numbers early Friday. Analysts polled by Reuters expect the country’s consumer price index to climb 0.2% year-on-year, compared to 0.1% in the previous reading.

Hong Kong’s Hang Seng index looks set to drop, with futures at 17,911 compared to the HSI’s close of 18,238.21.

In Japan, the Nikkei 225 opened 0.43% lower in its first hour of trade. The Kospi slipped 0.89%.

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