• Mon. Apr 29th, 2024

Firstpost: China’s release of Big Data shows signs of economic rebound

BySamantha Nguyen

Apr 16, 2024
Firstpost: China’s release of Big Data shows signs of economic rebound

China is expected to release several key economic indicators on Tuesday, including Q1 GDP estimates, retail sales, industrial output, fixed asset investment, unemployment, and housing prices. It is predicted that GDP will grow by 0.8 percent on the quarter and 4.8 percent on the year, with a decrease in the unemployment rate from 5.3 percent to 5.2 percent. House prices are expected to be down 1.2 percent year over year.

Retail sales are forecasted to increase by 5.1 percent annually, while industrial production is estimated to rise by 5.4 percent year over year. Fixed asset investments are predicted to be up 4.3 percent year over year. In Indonesia, March trade balance, export, and import data will be released, following a $0.87 billion trade surplus in February.

Thailand’s market will reopen on Wednesday after being closed for the Songkran Festival.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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