• Mon. Apr 29th, 2024

China and Indonesia’s Economic Indicators: GDP, Retail Sales, and Unemployment Rates

BySamantha Jones

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

On Tuesday, China is expected to release several key economic indicators, including Q1 GDP estimates, retail sales, industrial output, fixed asset investment, and unemployment. 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. Additionally, house prices are expected to be down 1.2 percent year over year.

Meanwhile in Indonesia, March trade balance, export, and import data will be released after a $0.87 billion trade surplus in February. In Thailand’s market, it will reopen on Wednesday after being closed for the Songkran Festival.

In terms of retail sales in China it is forecasted to increase by 5.1 percent annually and industrial production is estimated to rise by 5.4 percent year over year as well as Fixed asset investments are predicted to be up 4.3 percent year over year . The market of Thailand will reopen after being closed for the Songkran Festival on Wednesday .

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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