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 3.7% against a forecast of 4.6%.
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 | 6.8% | 5.7% | ||
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% |
Country: | China |
---|---|
Currency: | CNY |
Source: | National Bureau of Statistics of China |
Category: | Consumption |
Frequency: | Monthly |