Firstpost reports on China’s Big Data release indicating a rebound in the economy


Firstpost reports on China’s Big Data release indicating a rebound in the economy

China is expected to release a series of economic data on Tuesday, including Q1 GDP estimates and figures for March retail sales, industrial output, fixed asset investment, unemployment, and housing prices. The GDP is forecasted to grow by 0.8 percent on the quarter and 4.8 percent on the year. The unemployment rate is expected to decrease slightly, while house prices are down 1.2 percent year over year.

Retail sales are predicted to increase by 5.1 percent annually, industrial production is forecasted to rise by 5.4 percent year over year, and fixed asset investments are higher by 4.3 percent compared to the previous month. Indonesia will also reveal its trade balance data for March, with a trade surplus of $0.87 billion in February.

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

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