Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The typical/expected impact on CNY pairs is high.
There is no forecast value for Retail Sales (YoY) yet - check back for updates.
The most recent announced value for Retail Sales (YoY) was 3.4% against a forecast of 3.8%.
Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports (YoY) | Bullish change | 4.4% | 8.3% | ||
Exports (YoY) CNY | Bullish change | 4.8% | 8.4% | ||
Imports (YoY) | Bullish change | 1.3% | 7.4% | ||
Imports (YoY) CNY | Bullish change | 1.7% | 7.5% | ||
Trade Balance CNY | Bearish change | 732.7B | 645.47B | ||
Trade Balance USD | Bearish change | $102.33B | $90.45B | ||
Caixin Manufacturing PMI | Bullish change | 50.5 | 51.2 | ||
Caixin Services PMI | Bearish change | 53 | 52.9 | ||
NBS Manufacturing PMI | Bullish change | 49.4 | 49.8 | ||
NBS Non-Manufacturing PMI | Bearish change | 50.3 | 50 |
Country: | China |
---|---|
Currency: | CNY |
Source: | National Bureau of Statistics of China |
Category: | Consumption |
Frequency: | Monthly |