Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Retail Sales (YoY) was 1% against a forecast of -0.1%.
Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | Bearish change | 1.3% | 0.9% | ||
| Gross Domestic Product (YoY) | Bearish change | 5% | 4.3% | ||
| Industrial Production (YoY) | Bullish change | 4.5% | 5.3% | ||
| Imports (YoY) CNY | Bullish change | 21.5% | 29.4% | ||
| Exports (YoY) | Bullish change | 19.4% | 27% | ||
| Exports (YoY) CNY | Bullish change | 13.8% | 20.8% | ||
| Imports (YoY) | Bullish change | 27.4% | 36% | ||
| Trade Balance CNY | Bullish change | 723.98B | 859.05B | ||
| Trade Balance USD | Bullish change | $105.43B | $125.62B | ||
| Consumer Price Index (MoM) | Bearish change | -0.1% | -0.3% | ||
| Consumer Price Index (YoY) | Bearish change | 1.2% | 1% | ||
| Producer Price Index (YoY) | Bullish change | 3.9% | 4.1% | ||
| RatingDog Services PMI | Bearish change | 54.4 | 54.1 |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Consumption |
| Frequency: | Monthly |