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 1.2% against a forecast of 1%.
Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | (no change) | 0.2% | 0.2% | ||
| Consumer Price Index (YoY) | Bearish change | 0.8% | 0.2% | ||
| Producer Price Index (YoY) | Bullish change | -1.9% | -1.4% | ||
| RatingDog Services PMI | Bullish change | 52 | 52.3 | ||
| RatingDog Manufacturing PMI | Bullish change | 50.1 | 50.3 | ||
| NBS Manufacturing PMI | Bearish change | 50.1 | 49.3 | ||
| NBS Non-Manufacturing PMI | Bearish change | 50.2 | 49.4 |