China: Important Economic Indicators for the CNY.

GDP – This figure acts as China’s economic report card because it reflects how much their economy expanded or contracted for the period.

This is typically reported on a quarterly basis compared to the same quarter in the previous year.

CPI – The PBoC keeps a close eye on the Chinese CPI report because it reflects how much price levels have changed over a particular period of time.

If the annual CPI reading exceeds or falls below the Chinese government’s target levels, the PBoC could wield its monetary policy tools in its next rate decision.

Trade Balance – A huge chunk of China’s economy is comprised of international trade, which means that the trade balance is typically considered a leading indicator of growth.

PBoC Interest Rate Decision – As we mentioned earlier, PBoC is notorious for making aggressive monetary policy changes whenever they feel that the Chinese economy is overheating or if it needs more stimulus.

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