Tokyo CPI, Singapore manufacturing output

Asia-Pacific markets were mixed Friday, with investors awaiting Japan’s general election over the weekend.

Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The Bank of Japan’s 2-day monetary policy meeting will start on Oct. 30.

Tokyo’s headline inflation rate fell to 1.8% in October from 2.2% the month before, with core inflation — which strips out prices of fresh food — also coming in at 1.8%, down from 2%.

Economists polled by Reuters had forecast the core inflation rate in Tokyo to slow to 1.7% in October.

Tokyo’s inflation is widely considered a leading indicator of nationwide trends.

Separately, Singapore’s manufacturing output rose 9.8% year on year in September, beating Reuters poll estimates of a 3.5% growth. But this was sharply lower than the revised 22% jump in August.

The benchmark Nikkei 225 fell 0.60% after the inflation report to close at 37,913.92, while the Topix fell 0.65% to 2,618.32, marking a fifth straight day of losses.

Hong Kong’s Hang Seng index was up 0.52% as of its final hour of trade after falling in the previous session, while mainland China’s CSI 300 rose 0.70% to close at 3,956.42.

South Korea’s Kospi gained marginally, ending at 2,583.27, but the the small-cap Kosdaq reversed gains to drop 0.98% and end at 727.41.

Australia’s S&P/ASX 200 climbed in early trade, but gave up most of its gains, ending 0.06% higher at 8,211.3.

Overnight in the U.S., the S&P 500 bounced back on Thursday, powered by shares of Tesla rising almost 22% and snapping a three day losing streak.

The electric vehicle manufacturer surged nearly 22% after posting third-quarter results that beat analysts’ expectations, registering its best day since 2013.

The Nasdaq Composite jumped 0.76%, but the Dow Jones Industrial Average lost 0.33%, to record its first four-day losing streak since June.

— CNBC’s Lisa Kailai Han and Jesse Pound contributed to this report.