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Chinese Q3 GDP comes better-than-expected

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - China's Q3 GDP came in at 6.9% vs (Q3) YoY expectations of 6.8% and a previous of 7.0% (psychological threshold up until now), while GDP seasonally adjusted (Q3) QoQ stood at 1.8% vs 1.7% exp, 1.7% prior.

    As per Chinese retail sales (Sep) YoY, it came at 10.9 vs 10.8% expected and 10.8% previous, while retail sales YTD (Sep) YoY saw the number at 10.3 vs 10.5% expected and 10.5% prior. Industrial Production (Sep) YoY came at 5.7% vs 6.0% expected and 6.1% last.

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