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 (YoY) was 5% against a forecast of 4.8%.
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 (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Industrial Production (YoY) | Bullish change | 4.1% | 4.5% | ||
| Retail Sales (YoY) | Bearish change | 0.2% | -0.6% | ||
| Consumer Price Index (MoM) | Bearish change | 0.3% | -0.1% | ||
| Consumer Price Index (YoY) | (no change) | 1.2% | 1.2% | ||
| Producer Price Index (YoY) | Bullish change | 2.8% | 3.9% | ||
| Exports (YoY) | Bullish change | 14.1% | 19.4% | ||
| Exports (YoY) CNY | Bullish change | 9.8% | 13.8% | ||
| Imports (YoY) | Bullish change | 25.3% | 27.4% | ||
| Imports (YoY) CNY | Bullish change | 20.6% | 21.5% | ||
| Trade Balance CNY | Bullish change | 585.69B | 723.98B | ||
| Trade Balance USD | Bullish change | $84.82B | $105.43B |