China stocks gain ahead of key policy meeting amid broad declines in Asia markets Dylan Butts This is CNBC’s live blog covering Asia-Pacific markets. An employee (R) cuts fruit as shoppers visit a market in Tokyo on June 6, 2023. Household consumption on June 6 in Japan fell 4.4 percent year on year in real data, adjusted for inflation, its biggest drop since February 2021, as rising prices weigh on purchasing power. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)

The Reserve Bank of India has held the interest rate steady since February last year, however, a sharper-than-anticipated slowdown in India’s economic growth has made the central bank’s task tougher. In the July to September period, India’s economy grew 5.4% from a year ago, drastically missing Reuters-polled economists’ expectation of 6.5%, and marked the slowest pace in nearly two years. — Anniek Bao