Chinese Q4 2015 GDP bang on expectations

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - China's Q4 2015 GDP came in at 6.8% YoY vs expectations of 6.9% and a previous of 6.9%, while GDP seasonally adjusted (Q4) QoQ stood at 1.6% vs 1.7% exp, 1.8% prior.

    As per Chinese retail sales (Sep) YoY, it came at 11.1% vs 11.3% expected and 11.2% last. Industrial Production YoY came at 5.9% vs 6.0% expected. These secondary indicators were weaker-than-expected, wile GDP stood in line with expectations. Overall, the data is fairly neutral, with no major deviations noticed.
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