Thailand's headline consumer price index (CPI) declined for the first time in more than two years, thanks to falling energy prices due to government support measures and lower food prices, the commerce ministry said on Monday.

The downturn in euro zone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting there is a growing chance of a recession in the 20-country currency union.

Japan's largest industrial union UA Zensen will seek a 6% total wage increase, of which 4% will be base pay hikes, at next spring's negotiations, a union official said on Monday.

Japan's real wages slipped in September for an 18th month, while consumer spending extended a months-long decline, with rising prices squeezing households' purchasing power, and likely to add to pressure from labour groups for higher wage increases.

China's exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to signs that the economy is stabilising even if the trade performance remains weaker than it was before Beijing removed anti-COVID curbs.

Chinese exports fell more than expected in October amid worsening overseas demand, while an unexpected rise in imports saw China’s trade surplus shrink to its worst level in 17 months.