China Q1 GDP and March activity data due at 0200 GMT (10pm US Eastern time) | Forexlive
Via ING, preview thoughts:
- China will release its GDP report for the first quarter and activity data for March.
- We expect GDP growth at 3.8%YoY, with consumption and infrastructure investment as the major drivers. Strong loan growth in March should support faster infrastructure investments.
- Retail sales should continue to recover.
- However industrial production will be affected by weak external demand.
We will be monitoring how quickly infrastructure investment grows amid strong loan growth.- We will also look at the details of retail sales to find clues on consumption recovery, whether it is broad-based and how fast it can grow in the coming months.
-
This
snapshot from the ForexLive economic data calendar, access
it here. -
The
times in the left-most column are GMT. -
The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.