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

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 .