The MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.18%.
Australia's consumer price index for October slowed to 6.9% on an annualized basis, from 7.3% in September, according to a monthly indicator by the Australian Bureau of Statistics.That's lower than the expectations of analysts polled by Reuters, who predicted a reading of 49.South Korea and Japan's industrial production each saw declines for the month of October.Japan's preliminary industrial production for October declined 2.6% compared to a month ago, more than expectations of a decline of 1.5%, according to a Reuters poll.The reading marks the second consecutive decline after seeing a fall of 1.7% the previous month.South Korea's industrial production also fell by 3.5% compared with a month ago, also lower than expectations of a decline of 1%.That's slightly lower than the reading of 49.2 reported in October.