Asian markets fell mostly as traders reviewed the Tokyo inflation print and South Korean manufacturing data

Asia-Pacific markets were mostly lower on Friday, with investors looking ahead to November inflation data from the Japanese capital Tokyo and industrial production data from South Korea.

November The headline inflation rate Tokyo came in at 2.6%, a rebound from the 1.8% seen in October.

Core inflation, which excludes fresh food prices, rose to 2.2 percent, compared with a Reuters poll of 2.1 percent expectations.

Tokyo’s inflation numbers are widely considered indicative of nationwide trends.

Separately, South Korea Industrial production October saw a 2.3% year-on-year increase, marking a reversal from a 1.3% fall in September.

Still, the country’s benchmark index, KospiIt fell 1.74% while the small-cap Kos Dec fell 1.75%.

of Japan Nikki 225 The Topix fell 0.59% after the release of the inflation data, while the broad-based Topix was down 0.35%.

of Australia S&P/ASX 200 It fell 0.35 percent.

of Hong Kong Hang Seng Index Bucked the trend and rose 0.21% in early trade, while mainland China’s CSI 300 was marginally lower.

US markets were closed for Thanksgiving on Thursday and will open for only half a day on Friday.