Market Movements in Asia-Pacific

On Friday, the Asia-Pacific stock markets presented a mixed picture as investors digested the latest economic data from Japan. The Nikkei 225 saw a modest increase, while South Korea's Kospi experienced a decline. Australia's S&P/ASX 200 ended the day on a positive note.

Japan's Economic Data in Focus

Investors were particularly focused on Japan's latest economic indicators, including a rise in Tokyo's annual inflation rate and a slight increase in industrial production. However, retail sales saw a decline, and the unemployment rate was lower than expected, adding layers of complexity to Japan's economic outlook.

Lunar New Year Impact

Meanwhile, markets in mainland China and Hong Kong remained closed for the Lunar New Year celebrations, contributing to the mixed performance across the region.