Chinese GDP for Q3 6.9% y/y, beating expectations slightly

  • Expected 6.8%
  • Prior was 7.0%

The beat on expectations and just a shade off the 7.0% that Chinese authorities are targeting 'around' should, on the face of it, lower the probability, and/or size. of any stimulus measures that may be expected

(Let the doubts over Chinese data integrity begin, if they have ever stopped)

For the q/q (seasonalyy adjusted, in at +1.8% vs. +1.8% expected


ps. Industrial production, retail sales & fixed asset investment for September were announced simultaneously, details at the link)



  • Preview of the China Q3 GDP data (and more) coming up on Monday
  • China GDP to be released on Monday

From the FT:

From Bloomberg: