FXGRAM | सिर्फ़ education, advice नहीं
Released · Q3
Actual 1.2% came in above forecast 1.1%. Previous was 0.9%, now higher than that.
GDP shows how fast the economy grew. This is the biggest measure of economic health. The first (Flash/Prel/Adv) number may be revised later.
GDP (Gross Domestic Product) is the total value of all goods and services produced in a country. The growth rate shows how much the economy grew compared to before. Released by National Bureau of Statistics. This comes every three months (quarterly).
This is the biggest measure of an economy's health. Flash/Advance is the first estimate, which gets revised later. This is a High impact event on FxGram: CNY pairs often see sharp moves at this time.
Generally, if GDP comes in above forecast, the economy is considered strong and this is seen as a good sign for the currency; if lower, it signals weakness.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
| Date | Actual | Forecast | Previous |
|---|---|---|---|
| Q3 | 1.2% | 1.1% | 0.9% |
| Q2 | 0.9% | 0.9% | 1.3% |
| Q1 | 1.3% | 1.3% | 1.2% |
| Q4 | 1.2% | 1% | 1.1% |
| Q3 | 1.1% | 0.8% | 1% |
Data: National Bureau of Statistics, via TradingView economic calendar.
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