A big Wednesday coming up in China - Q1 GDP preview

Author: Eamonn Sheridan | Category: News

January to March economic growth data coming up from China on Wednesday 17 April 2019.

GDP q/q is expected at 1.4% (from the previous 1.4%
  • and 6.3% y/y (from previous 6.4%)
Citi expect 6.2% y/y for Q1, but also a pip higher (6.3%), citing:
  • start of the year 'largely solid' for the economy so far
  • defying hard landing concern
  •  Despite external headwinds, domestic demand largely held up in Q1
  • FAI investment robust
  • consumption did not deteriorate much
--
In addition to the GDP data we get 'activity data' from March: 
  • retail sales,
  • industrial production 
  • and investment. 
I'll have more to come on these separately 

Graph via the Nikkei:

January to March economic growth data coming up from China on Wednesday 17 April 2019.
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