China Q4 2023 GDP 5.2% y/y

<p> China Q4 2023 GDP 5.2% y/y, a miss for the quarter</p><ul><li>expected 5.3%, prior 4.9%</li></ul><p>+1.0% q/q</p><ul><li>expected +1.0%, prior +1.5%</li></ul><p>For the full year 2023 +5.2%, satisfying the Chinese Communist Party target of 'around 5%'.</p><ul><li>expected (and leaked, see below) 5.2%</li></ul><p>December data is here:</p><ul><li><a href="https://www.forexlive.com/news/china-december-industrial-output-68-yy-exp-66-retail-sales-74-exp-80-20240117/" target="_blank" rel="follow" data-article-link="true">China December industrial output +6.8% y/y (exp +6.6%) Retail Sales +7.4% (exp +8.0%)</a></li></ul><p>—- </p><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/news/chinas-premierli-qiang-has-already-announced-the-countrys-2023-economic-growth-number-20240116/" target="_blank" rel="follow" data-article-link="true">China's Premier Li Qiang has already announced the country's 2023 economic growth number</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.