Here Comes Chinese GDP...

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China Guangzhou Circle building

REUTERS/Alex Lee

At 10 p.m. ET we get China's Q1 GDP numbers.

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Economists polled by Bloomberg are looking for Q1 GDP to rise 7.3% year-over-year, down from 7.7% the previous quarter.

On a quarter-over-quarter basis, Q1 GDP is expected to rise 1.5%, compared with 1.8% in Q4 2013.

Of course that isn't the only economic indicator out this evening. We have three other data points to watch for:

  • Retail sales - Economists are looking for retail sales to rise 12.1% YoY, and year-to-date (Ytd) retail sales to rise 11.9%.
  • Fixed asset investment (FAI) - Economists project industrial production will climbed 9% YoY, while Ytd the number will be up 8.8%.
  • Industrial production - Ytd FAI is expected to rise 18%.

The disappointing trade data and the continued decline in producer prices has everyone expecting the latest batch of data will confirm an economic slowdown.

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We will have live coverage of all the data »