Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The most recent announced value for Industrial Production (YoY) was 4.5% against a forecast of 5%.
Recent economic data has been strongly bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Industrial Production (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports (YoY) | Bullish change | 23.9% | 25% | ||
| Exports (YoY) CNY | Bullish change | 17.8% | 18.6% | ||
| Imports (YoY) | Bullish change | 27.5% | 28.2% | ||
| Imports (YoY) CNY | Bullish change | 21.2% | 21.7% | ||
| Trade Balance CNY | Bullish change | 767.07B | 809.3B | ||
| Trade Balance USD | Bullish change | $112.5B | $119.09B | ||
| RatingDog Services PMI | Bullish change | 50.4 | 51.4 | ||
| RatingDog Manufacturing PMI | Bullish change | 50.9 | 51.5 | ||
| NBS Manufacturing PMI | Bullish change | 49.2 | 49.8 | ||
| NBS Non-Manufacturing PMI | (no change) | 49 | 49 |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Economic Activity |
| Frequency: | Monthly |