- China’s NBS: National economy showed good momentum of recovery
Market news
15 September 2023
China’s NBS: National economy showed good momentum of recovery
Following the release of the key economic data from China for August, the country’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their outlook on the economy.
Key quotes
In August, major indicators showed marginal improvement.
National economy showed good momentum of recovery.
Domestic demand remains insufficient.
Related reads
- AUD/USD climbs beyond mid-0.6400s, nearly two-week high after Chinese macro data
- China’s August annual Retail Sales rise 4.6%, Industrial Production jumps 4.5% – a big beat
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page