Economic growth data from China for July - September 2019

For the q/q 1.5%

  • expected +1.5%

  • prior was +1.6%

For the y/y 6.0% - a small miss.

  • expected +6.1%

  • prior was +6.2%

The small disappointment on the GDP number will be tempered somewhat by the big beat for September industrial production, on a separate post:

Yet again China GDP comes in not more than 0.1% away from the Bloomberg survey central estimate. The government target is 6 to 6.5% and woe betide the statistician who brings in a result under...

6.0% is the slowest in 27 and a 1/2 years (wait … FT says 30 years). Thing is, as the economy grow in size … and its huge, expecting super-duper % growth rates is unreasonable.