China’s GDP seen expanding in Q3 2017 – Bloomberg survey
|According to the median of 57 economist estimates in a July 17-24 Bloomberg survey, China GDP is seen expanding in the third and fourth quarter, especially after the second quarter growth numbers outpaced expectations.
Key findings:
China’s gross domestic product will expand by 6.7 percent from a year ago in the third quarter and 6.6 percent in the fourth quarter
Both forecasts were 0.1 percentage point higher than a month ago.
Consumer prices will rise 1.8 percent in the third quarter, and then 2 percent in the fourth quarter. Factory gate inflation has peaked, and PPI will slow to 4.8 percent in the three months through September, before dropping further to 2.5 percent in the final quarter.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.