Forex, video, latest April 15, 2021 11:01 am
a data from China is due at 0200GMT on Friday 16 April 2021
China Q1 2021 GDP:
expected +1.4% (SA), prior was +2.6%
expected +18.5% y/y, prior +6.5%
Industrial Production y/y
Industrial Production YTD to March y/y
Assets (excluding rural) YTD y/y
Retail Sales y/y,
Sales YTD y/y
What to expect via Scotia:
- Q1 GDP is expected to strongly accelerate inside year-over-year terms but mainly because a figure become compare to a 9.7% q/q non-annualized contraction during a first quarter of last year when a pandemic’s effects struck with full force. Pay more heed to a quarter-over-quarter reading for 2021Q1 that is estimated to land around 1 ½% non-annualized.
- another reports … on industrial output also retail sales during March become need to control for a similar year-ago comparison distortion
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