Gross Domestic Product (QoQ)

Actual
1%
Previous
1.3%
Forecast
1%

The Gross Domestic Product (GDP), released by the National Bureau of Statistics of China on a quarterly basis, is a measure of the total value of all goods and services produced in China during a given period. The GDP is considered as the main measure of China’s economic activity. The QoQ reading compares economic activity in the reference quarter to the previous quarter. Generally, a high reading is seen as bullish for the Renminbi (CNY), while a low reading is seen as bearish.

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