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MNI BRIEF: China Q1 GDP Stronger Than Expected At 5.3%

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MNI (Beijing)

The Chinese economy grew by 5.3% y/y, or 1.6% q/q, in Q1, beating the 4.6% forecast and accelerating from 2023's 5.2% growth

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The Chinese economy grew by 5.3% y/y, or 1.6% q/q, in Q1, beating the 4.6% forecast and accelerating from 2023's 5.2% growth, data released by the National Bureau of Statistics on Tuesday showed.

Industrial production rose 4.5% y/y in March, decelerating from the 7.0% growth in the first two months and underperforming the expected 5.2%. Industrial output grew 6.1% in Q1.

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The Chinese economy grew by 5.3% y/y, or 1.6% q/q, in Q1, beating the 4.6% forecast and accelerating from 2023's 5.2% growth, data released by the National Bureau of Statistics on Tuesday showed.

Industrial production rose 4.5% y/y in March, decelerating from the 7.0% growth in the first two months and underperforming the expected 5.2%. Industrial output grew 6.1% in Q1.

Keep reading...Show less