Here Comes Chinese GDP...
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REUTERS/Alex Lee
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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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