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 5.2% against a forecast of 5.1%.
Recent economic data has been strongly bearish 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) | Bearish change | 6.8% | 5.7% | ||
Retail Sales (YoY) | Bearish change | 4.8% | 3.7% | ||
Consumer Price Index (MoM) | Bullish change | -0.1% | 0.4% | ||
Consumer Price Index (YoY) | Bearish change | 0.1% | 0% | ||
Producer Price Index (YoY) | (no change) | -3.6% | -3.6% |