Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Gross Domestic Product (YoY) was 5% against a forecast of 4.8%.
Recent economic data has been strongly bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | Bullish change | -0.7% | 0.3% | ||
| Consumer Price Index (YoY) | Bullish change | 1% | 1.2% | ||
| Producer Price Index (YoY) | Bullish change | 0.5% | 2.8% | ||
| RatingDog Services PMI | Bullish change | 52.1 | 52.6 | ||
| RatingDog Manufacturing PMI | Bullish change | 50.8 | 52.2 |