Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The most recent announced value for Retail Sales (YoY) was 1.3% against a forecast of 2.9%.
Recent economic data has been strongly bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Industrial Production (YoY) | Bearish change | 4.9% | 4.8% | ||
| Consumer Price Index (MoM) | Bearish change | 0.2% | -0.1% | ||
| Consumer Price Index (YoY) | Bullish change | 0.2% | 0.7% | ||
| Producer Price Index (YoY) | Bearish change | -2.1% | -2.2% |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Consumption |
| Frequency: | Monthly |