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Hong Kong will on Thursday release August figures for retail sales, highlighting a light night for Asia-Pacific economic activity.

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The growth in Chinese non-manufacturing sector reached a six-month high in September amid a solid increase in new work, a survey by the China Federation of Logistics and Purchasing, or CFLP, and the National Bureau of Statistics revealed Thursday. The headline purchasing managers index for the non-manufacturing sector, which includes services and construction industries, rose to a six-month high.

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Eurozone's retail sales increased more than expected in August on a rebound in non-food product turnover, the latest figures from Eurostat revealed Thursday. Retail sales increased 0.7 percent month-on-month in August compared with forecast for a 0.2 percent growth. Moreover, the rate exceeded July's 0.5 percent rise.

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Activity in the U.S. service sector continued to grow in the month of September, according to a report released by the Institute for Supply Management on Thursday, although the pace of growth slowed by even more than economists had anticipated.

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Activity in the U.S. service sector continued to grow in the month of September, according to a report released by the Institute for Supply Management on Thursday, although the pace of growth slowed by even more than economists had anticipated.

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The Bank of Japan will on Friday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.

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The Bank of Japan on Friday decided to hold its monetary easing plan unchanged while also maintaining its economic assessment. At the end of a two-day meeting of the nine-member Policy Board led by Governor Haruhiko Kuroda, the central bank said it will keep the target for the monetary base expansion at an annual pace of JPY 60-70 trillion.

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Eurozone producer prices declined more than expected in August on a sharp drop in energy prices, underlining the muted inflationary pressure in the economy. Industrial producer prices dropped 0.8 percent in August from a year ago, which follows a flat reading in July, Eurostat reported Friday.

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The World Bank on Monday cut its growth forecasts for developing East Asia, citing weaker growth in China and the other economies in the region. The bank now projects 7.1 percent growth for developing East Asia in 2013, below the 7.8 percent growth predicted in April. The growth for 2014 is seen at 7.2 percent, which is also weaker than its earlier forecast of 7.6 percent.

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Consumer credit in the U.S. rose by slightly more than expected in the month of August, according to a report released by the Federal Reserve on Monday.The report said consumer credit rose by $13.6 billion August following a $10.4 billion increase in July.

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