China: Q3 GDP remained stable at +6.7% y/y - TDS

Sandeep Kanihama FXStreet Contributor

Research Team at TDS, notes that China’s Q3 GDP remained stable at +6.7% y/y ,unchanged from Q1 and Q2 and in line with mkt expectations.

Key Quotes

“September data was solid with retail sales and fixed assets as expected at +10.7%/yr and +8.2% respectively, but industrial production was weaker at 6.1% (vs cf 6.4%), a slightly downward tilt, defying upbeat Sep PMIs.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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