Read full post at forexlive.com
As posted earlier:
China GDP
expected +2.7% q/q, +6.2% y/y
prior was +2.7% q/q and +4.9% y/y
& China activity data for December 2020
Industrial Production y/y
Industrial Production YTD y/y
Fixed Assets (excluding rural) YTD y/y
Retail Sales y/y,
Retail Sales YTD y/y
expected -36.9%, prior was -4.8%
note the dichotomy between industrial production and retail sales, this is (an admittedly imperfect) indication in the changing recovery rates of the industrial and domestic demand sectors
I’m a wee bit snowed under so if you are after a preview I’ll refer to this helpful pice from Reuters that discusses what’s going on China a little more widely also: