People crossing the street in busy Akihabara city center in Tokyo
Leo Patrizi | Stocks | Getty Images
Asia-Pacific markets opened sharply lower on Friday as investors assessed November inflation data from Japan’s capital Tokyo and South Korea’s industrial production data.
this overall inflation rate In Tokyo, it was 2.6%, rebounding from 1.8% in October.
Core inflation, which excludes fresh food costs, rose to 2.2%, compared with a Reuters poll forecast of 2.1%.
Tokyo’s inflation data is widely considered an indicator of national trends.
In addition, South Korea industrial production The annual growth rate was 2.3% in October, reversing the 1.3% decline in September.
Japanese Nikkei 225 Index The Chicago futures contract was at 38,215 points, the Osaka futures contract was at 38,180 points, and the index’s last closing price was 38,349.06 points.
Australian S&P/ASX 200 Index The day opened slightly lower.
Hong Kong’s Hang Seng Index futures were quoted at 19,455 points, opening stronger compared to the Hang Seng Index’s closing point of 19,366.96 points.
U.S. markets were closed Thursday for Thanksgiving and were only open for half a day on Friday.
—CNBC’s Lisa Kailai Han and Jesse Pound contributed to this report.
About The Author
