- Analytics
- News and Tools
- Market News
- China’s GDP grows 4.9% YoY in Q3 2021 vs. 5.2% expected, AUD/USD unfazed
China’s GDP grows 4.9% YoY in Q3 2021 vs. 5.2% expected, AUD/USD unfazed
China's annualized GDP figures for the third quarter of 2021 arrived at 4.9% vs. 5.2% expected and 7.9% previous, with the QoQ reading coming in at 0.2% vs. 0.5% expected and 1.3% last.
With regard to Retail Sales YoY, the number was 4.4% vs. 3.3% exp and 2.5% previous while Industrial Output YoY came in at 3.1% and 4.5% exp and 5.3% prior.
Meanwhile, the Fixed Asset Investment YoY stood at 7.3% vs 7.9% expected and 8.9% last.
Additional details
China Jan-Sept GDP +9.8% YoY.
China Sept power generation up 4.9% y/y at 675.1 bln KWH.
Market reaction
The mixed data had a limited impact on the Australian Dollar, with the AUD/USD pair keeping its recovery mode intact from daily lows of 0.7409
The spot was last seen trading at 0.7418, still down 0.07% on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
