People walk through Shibuya on June 23, 2020 in Tokyo, Japan.
Asia-Pacific markets climbed Friday after economic data from the U.S. calmed recessionary fears, while investors also assessed a slew of data from Japan.
Initial jobless claims in the U.S. fell to 231,000 from the prior week's 232,000, but were slightly higher than the 230,000 expected by Dow Jones.
In addition, the second-quarter gross domestic product growth was revised higher to 3% from the initial 2.8% rate.
Inflation rate in Japan's capital city of Tokyo rose to 2.6% in August from July's 2.2%, hitting its highest since March.
The core inflation rate — which strips out prices of fresh food — rose 2.4%, higher than the 2.2% expected from a Reuters poll of economists. Tokyo's inflation is widely considered to be a leading indicator of nationwide trends.
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