Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 1.1% against a forecast of 0.8%.
Recent economic data has been moderately bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (YoY) | Bearish change | 5.2% | 4.8% | ||
Industrial Production (YoY) | Bullish change | 5.2% | 6.5% | ||
Retail Sales (YoY) | Bearish change | 3.4% | 3% | ||
Consumer Price Index (MoM) | Bullish change | 0% | 0.1% | ||
Consumer Price Index (YoY) | Bullish change | -0.4% | -0.3% | ||
Producer Price Index (YoY) | Bullish change | -2.9% | -2.3% | ||
Exports (YoY) | Bullish change | 4.4% | 8.3% | ||
Exports (YoY) CNY | Bullish change | 4.8% | 8.4% | ||
Imports (YoY) | Bullish change | 1.3% | 7.4% | ||
Imports (YoY) CNY | Bullish change | 1.7% | 7.5% | ||
Trade Balance CNY | Bearish change | 732.7B | 645.47B | ||
Trade Balance USD | Bearish change | $102.33B | $90.45B |