Friday , 20 September 2024
Home Forex China: March Industrial output ++4.5%y/y (expected +5.4%) Retail sales ++3.1% (4.5% exp)
Forex

China: March Industrial output ++4.5%y/y (expected +5.4%) Retail sales ++3.1% (4.5% exp)

Key economic indicators from China for March 2024. Plenty of misses here, not a good report.

Urban Jobless Rate 5.2%

  • expected 5.2%, prior 5.3%

Property Investment YTD -9.5% y/y

  • expected -9.2%, prior -9.0%

Residential Property Sales YTD -30.7% y/y

  • prior -32.7%

A press conference from China’s National Bureau of Statistics (NBS) will follow soon.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Crude Oil Technical Analysis – Testing a key resistance

Fundamental OverviewCrude oil continues to remain supported as the buyers might be...

BOE’s Mann: Policy needs to stay restrictive to purge inflationary behaviours

It is better to remain restrictive for longerWe can cut more aggressively...

Gold Technical Analysis – The fall in real yields drives the price higher

Fundamental OverviewThe Fed this week finally started its easing cycle and decided...

BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative

US economy achieving soft landing is our main scenarioIf US economy achieves...