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MNI DATA SURVEY: China March Economic Data Forecast

MNI (Singapore)
     BEIJING (MNI) - All figures are y/y percentage changes unless otherwise
specified.
                  GDP  CPI   PPI   M2   New Loans (CNY Bln)   TSF (CNY Bln)
                   Q1   Mar   Mar  Mar                   Mar             Mar
----------------------------------------------------------------------------
Median            6.3   2.5   0.4  8.2                1265.0          1900.0
High              6.6   2.8   0.7  8.5                1900.0          2400.0
Low               6.2   1.5   0.2  7.7                1185.0          1000.0
Mean              6.3   2.4   0.4  8.2                1305.8          1823.1
No.                18    22    21   20                    20              16
Previous          6.4   1.5   0.1  8.0                 885.8           703.0
CEBM              6.3   2.5   0.4  8.2                1900.0          1200.0
CIB Research      6.2   2.5   0.4  8.2                1350.0          2000.0
CICC Sec          6.2   2.1   0.6  8.4                1200.0          1850.0
Everbright Sec    6.4   2.1   0.3  N/A                1350.0             N/A
Galaxy Sec        N/A   2.8   N/A  N/A                   N/A             N/A
Guotai Junan      6.4   2.5   0.4  8.2                1200.0          1900.0
Haitong Sec       6.3   2.5   0.7  8.3                1200.0          1670.0
Huachuang Sec     6.2   2.4   0.4  8.2                1300.0             N/A
Huatai Sec        6.4   2.3   0.4  8.0                1200.0          1700.0
Industrial Sec    6.4   2.5   0.5  8.2                1300.0          2100.0
ING               N/A   1.5   0.3  8.0                1185.0          1000.0
Merchant Sec      6.3   2.4   0.4  8.3                1350.0          2100.0
Minsheng Bank     6.3   2.5   0.5  8.2                1250.0          2000.0
Mizuho            6.2   2.6   0.4  8.2                1250.0          1800.0
Moody's           N/A   1.7   0.5  8.2                   N/A             N/A
New Times Sec     6.3   2.7   0.3  7.7                1300.0          1450.0
Peking U Rsrch    6.3   2.4   0.6  8.0                1280.0             N/A
TF Sec            6.3   2.5   0.3  8.2                1250.0          2000.0
Shanghai Sec      6.6   1.9   0.2  8.0                1300.0             N/A
Shenwan Hongyuan  N/A   2.5   0.6  8.5                1250.0          1900.0
Sinolink Sec      6.3   2.3   0.5  8.4                1500.0          2100.0
Southwest Sec     6.3   2.5   0.5  8.5                1200.0          2400.0
                                        Trade
               Exports   Imports      Balance   Output      Investment    Retail
                   Mar       Mar       ($Bln)      Mar         Jan-Mar       Mar
--------------------------------------------------------------------------------
Median             8.4      -1.8         11.3      6.0             6.3       8.3
High              16.0       6.0         43.7      6.6             7.8       8.6
Low              -13.6     -13.0        -10.9      5.5             5.9       7.6
Mean               6.8      -1.4         11.0      6.0             6.3       8.2
No.                 20        20           15       19              19        19
Previous         -20.7      -5.2          4.1      5.3             6.1       8.2
CEBM              12.0      -3.0          N/A      6.5             6.4       8.3
CIB Research      10.0      -2.0         15.2      5.5             6.3       8.6
CICC Sec           4.0       5.0          N/A      6.0             6.2       8.4
Everbright
Sec               12.0      -5.0          N/A      5.9             6.3       8.2
Guotai Junan      12.0      -2.0         11.8      6.1             6.4       8.4
Haitong Sec       -4.2      -3.4         -6.3      5.8             7.8       7.8
Huachuang
Sec                8.8      -1.5        12.23      6.0             6.0       8.4
Huatai Sec         0.3      -2.9          0.0      6.0             5.9       8.3
Industrial
Sec                8.0       5.0         -1.0      5.9             6.2       8.3
ING              -13.6     -10.3        -10.9      N/A             N/A       N/A
Merchant Sec      12.1       0.2         15.0      5.6             6.3       8.0
Minsheng
Bank               4.0       0.2          1.0      6.0             6.4       8.5
Mizuho             1.0      -5.0          5.0      6.0             6.2       8.1
New Times
Sec               15.0     -13.0        43.67      6.4             5.9       7.8
Peking U
Rsrch             14.5       2.0         40.0      5.6             6.8       7.6
TF Sec             0.0       5.0          N/A      6.0             6.3       8.1
Shanghai Sec      15.0       0.2         20.0      6.5             6.3       8.6
Shenwan
Hongyuan          16.0       6.0         11.3      6.6             6.0       8.6
Sinolink Sec       6.0       3.0          N/A      5.6             6.0       8.3
Southwest
Sec                3.0      -7.0         8.43      6.0             6.0       8.1
     Note: The survey median is compiled solely from the forecasts listed above
and is not intended to represent a market consensus.
     March CPI, PPI due for release at 0930 local/0230 GMT April 11.
     March trade data is due for release on April 12.
     March money supply, bank loans and total social financing expected to be
released between April 10 and April 15. Date and time uncertain at publication
time.
     Q1 GDP, March Industrial output, retail sales and YTD fixed-asset
investment will be released at 1000 local/0300 GMT on April 17.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
[TOPICS: MTABLE,MAQDT$,M$A$$$,M$Q$$$]

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