People cross the street in Tokyo's busy downtown Akihabara area
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Asia-Pacific markets are set to start Friday significantly lower as investors evaluate November inflation numbers from the Japanese capital Tokyo and industrial production numbers from South Korea.
Tokyo's headline inflation rate was 2.6%, a rebound from 1.8% recorded in October.
Core inflation, which excludes fresh food costs, rose to 2.2% compared to a Reuters poll forecast of 2.1%.
Tokyo's inflation figures are widely considered an indicator of national trends.
Separately, South Korea's industrial production saw a 2.3% year-on-year increase in October, representing a reversal from a 1.3% decline in September.
Japan Nikki 225 Chicago futures are set to fall at 38,215 and their counterparts in Osaka at 38,180, versus the index's last close at 38,349.06.
Australia Standard & Poor's/ASX 200 The day started off slightly lower.
Hong Kong Hang Seng futures hit 19,455, indicating a stronger open compared to the HSI's close of 19,366.96.
US markets were closed for Thanksgiving on Thursday, and will be open for only half a day on Friday.
— CNBC's Lisa Kailai Hahn and Jesse Pound contributed to this report.