World News | Stock Market Today: Asian Shares Mostly Decline, as Investors Watch Spending, Inflation | LatestLY

Tokyo, Nov 27 (AP) Asian shares retreated Monday as investors awaited updates on consumer spending and inflation in the US and other nations. Japan’s benchmark Nikkei 225 dipped 0.4 per cent in morning trading to 33,479.71 after the producer price index in October came in a little higher than expected, at 2.3 per cent. Also Read | Canada Shooting: Three Killed, Two Critically Injured in Firing in Winnipeg, No Arrests Yet. In China, industrial profits declined less than last year, at minus 7.8 per cent in October. “While conditions have been improving, it also indicates that recovery has been slow. From the series of economic data lately, recovery momentum has also been on-and-off,” Yeap Jun Rong, a market analyst at…