QoQ Change in Quarterly GDP in China
China| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly Gross Domestic Product (GDP) quarter-on-quarter (QoQ) growth rate measures the total economic activity in China for a specific quarter compared to the previous quarter. This data is released quarterly by the National Bureau of Statistics (NBS) of China and is crucial for assessing short-term economic trends.
The QoQ GDP growth rate helps gauge the extent of economic growth or stagnation over a short period. If GDP is increasing, it signifies economic expansion, potentially leading to higher corporate profits and increased employment. Conversely, if GDP is decreasing, it indicates economic stagnation or contraction, which could result in reduced corporate profits and higher unemployment.
This data serves as a vital reference for policymakers to evaluate the health of the economy and formulate appropriate monetary and fiscal policies. For instance, if GDP shows high growth, the central bank may consider raising interest rates to curb inflation risks. Conversely, if GDP is declining, there may be a need to strengthen economic stimulus measures. For businesses and investors, the QoQ GDP growth rate is an essential source of information for understanding economic prospects and making informed decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
