The indicator reflects the change in the total production of factories, mines and utilities and is a leading indicator of industrial employment, average earnings and personal income. The data above the forecast strengthen the CNY, and the data below the forecast put pressure on the national currency. The May figure is expected to increase to 5.5% from 5.4% YoY.
Read more here:
Latest posts by liteforex.com (see all)
- FOMC Meeting Minutes. USA, 20:00 (GMT+2) - August 21, 2019
- Crude Oil Inventories. USA, 16:00 (GMT+2) - August 21, 2019
- Core Retail Sales. United States, 14:30 (GMT+2) - August 15, 2019
