Economic growth data from China for the April – June quarter 2025
Q2 GDP +1.1% q/q, strong data just a touch below Q1
expected +0.9%, prior +1.2%
Q2 GDP +5.2% y/y for a beat of expectations also
expected +5.1%, prior +5.4%
Given the headwinds facing China’s economy (tarrifs!) this is very impressive data. Economic growth exceeded the government’s full-year target. Strong exports to markets outside the US helped sustain production.
Out at the same were ‘activity data’ for June 2025:
China June retail sales +4.8% y/y (expected +5.4%), Industr output +6.8% (expected +5.7%)
This article was written by Eamonn Sheridan at www.forexlive.com.