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Australia will on Thursday release Q1 numbers for import and export prices, highlighting a light day for Asia-Pacific economic activity.

Import prices are expected to rise 1.2 percent on quarter after gaining 2.0 percent in the previous three months. Export prices are called higher by 4.1 percent on quarter after climbing 2.8 percent in the three months prior.

Hong Kong will provide March figures for imports, exports and trade balance. In February, imports were worth 288.48 billion HKD and exports were at 245.74 billion HKD for a trade deficit of 42.73 billion HKD.

Singapore will see March numbers for industrial production; in February, output fell 0.5 percent on month and climbed 8.9 percent on year.

South Korea will release preliminary Q1 figures for gross domestic product; in the three months prior, GDP was down 0.2 percent on quarter and up 2.8 percent on year.