Industrial Output. China, 04:00 (GMT+2) 16 Dec

16Dec.202403:00

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

At 04:00 (GMT+2), China will publish November data on Industrial Output, which will reflect the change in the volume of output of industrial goods and utilities in the country. The indicator takes into account the manufacturing and mining industries, as well as the power industry. YoY, it is likely to grow from 5.3% to 5.5%.

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16 Dec. 2024 01:30

Manufacturing and Services PMIs. Japan, 02:30 (GMT+2)

At 02:30 (GMT+2), December data on Manufacturing and Services business activity indices in Japan will be released. The indicators reflect the state of business activity in the national manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. The Manufacturing PMI is expected to adjust from the current 49.0 points to 49.5 points, and the Services PMI — from 50.5 points to 50.2 points.

16 Dec. 2024 03:00

Retail Sales. China, 04:00 (GMT+2)

At 04:00 (GMT+2), November data on Retail Sales will be published in China. The indicator measures the change in the total value of inflation-adjusted sales at the retail level based on a sample of stores of different types and sizes. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). YoY, it is likely to adjust from 4.8% to 3.8%, putting pressure on the yuan's position.

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