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 1.1% against a forecast of 0.8%.
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 | ||||
|---|---|---|---|---|---|
| Exports (YoY) | Bullish change | 1.1% | 5.9% | ||
| Exports (YoY) CNY | Bullish change | -0.8% | 5.7% | ||
| Imports (YoY) | Bullish change | 1% | 1.9% | ||
| Imports (YoY) CNY | Bullish change | 1.4% | 1.7% | ||
| Trade Balance CNY | Bullish change | 640.4B | 792.57B | ||
| Trade Balance USD | Bullish change | $90.07B | $111.68B | ||
| Caixin Services PMI | Bearish change | 52.6 | 52.1 | ||
| Caixin Manufacturing PMI | Bearish change | 50.6 | 49.9 | ||
| NBS Manufacturing PMI | Bullish change | 49 | 49.2 | ||
| NBS Non-Manufacturing PMI | Bearish change | 50.1 | 49.5 |