Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The most recent announced value for Gross Domestic Product (YoY) was 4.3% against a forecast of 4.5%.
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 | 5.3% | 4.5% | ||
| Retail Sales (YoY) | Bearish change | 1% | 0.6% | ||
| Consumer Price Index (MoM) | Bullish change | -0.3% | -0.1% | ||
| Consumer Price Index (YoY) | Bearish change | 1% | 0.5% | ||
| Producer Price Index (YoY) | Bearish change | 4.1% | 3.5% |