China economic growth data for January-March quarter
5.3% over one year
- expected +5.0%, before 5.2%
+1.6% q/q
- before +1.0%
Unsurprisingly, GDP growth is approaching the target of “around” 5%.
March data is here:
- China: industrial production in March +4.5% year-on-year (expected +5.4%) Retail sales +3.1% (4.5% expected)
This article was written by Eamonn Sheridan at www.forexlive.com.
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