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CN 3Q GDP +4.6% YoY, vs +4.5% in Consensus
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Based on preliminary calculations, China's GDP for the first 3 quarters of 2024 amounted to RMB94.97 trillion, up 4.8% YoY at constant prices, according to the announcement made by the National Bureau of Statistics (NBS). By quarters, the national GDP grew by 5.3% YoY in 1Q24 and 4.7% in 2Q24, with a 4.6% incline in 3Q24, higher than the market consensus of a 4.5% hike. In 3Q24, GDP added by 0.9% MoM. AAStocks Financial News |
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