Challenges
Retail Sales (YoY)
Most recent - Tuesday 16 April 2024 02:00
Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
Next event - Wednesday 15 May 2024 02:00
The typical/expected impact on CNY pairs is high.
There is no forecast value for Retail Sales (YoY) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Retail Sales (YoY) was 3.1% against a forecast of 4.5%.
Past events
Economic context
Recent economic data has been moderately bearish 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) | Bullish change | 1.2% | 1.6% | ||
| Gross Domestic Product (YoY) | Bullish change | 5.2% | 5.3% | ||
| Industrial Production (YoY) | Bearish change | 7% | 4.5% | ||
| Exports (YoY) | Bearish change | 7.1% | -7.5% | ||
| Exports (YoY) CNY | Bearish change | 10.6% | -3.8% | ||
| Imports (YoY) | Bearish change | 3.5% | -1.9% | ||
| Imports (YoY) CNY | Bearish change | 6.7% | 2% | ||
| Trade Balance CNY | Bullish change | 281.97B | 415.86B | ||
| Trade Balance USD | Bearish change | $125.16B | $58.55B | ||
| Consumer Price Index (MoM) | Bearish change | 1% | -1% | ||
| Consumer Price Index (YoY) | Bearish change | 0.7% | 0.1% | ||
| Producer Price Index (YoY) | Bearish change | -2.7% | -2.8% | ||
| Caixin Services PMI | Bullish change | 52.5 | 52.7 |
About Retail Sales (YoY)
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Consumption |
| Frequency: | Monthly |