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Industrial production. China, 04:00 (GMT+2) 17 May

17May.202403:00

Industrial production. China, 04:00 (GMT+2)

At 04:00 (GMT+2), China will publish April industrial production data, which will reflect changes in the volume of output of goods and utilities in the country. The calculation of the indicator considers the manufacturing and mining industries, as well as the electric power industry. It may increase from 4.5% to 5.4% YoY, supporting the yuan.

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Producer purchasing price index. New Zealand, 00:45 (GMT+2)
17 May. 2024 00:00
Producer purchasing price index. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2) in New Zealand, Q1 data on the producer price index is due – one of the key inflation indicators that measures the average change in prices for goods and services purchased by companies. The value may drop from 0.9% to 0.6%.

Retail sales. China, 04:00 (GMT+2)
17 May. 2024 03:00
Retail sales. China, 04:00 (GMT+2)

At 04:00 (GMT+2), April data on retail sales will be presented in China. The indicator records the monthly volume of all goods retailers sold, based on a sample of stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It is likely to adjust from 3.1% to 3.9% YoY.

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