China Q3 GDP +1.1% q/q (+0.8% expected)

Economic growth data from China for the July – September quarter

Gross Domestic Product (YoY) (Q3) +4.8%, in line with the consensus expectation

  • expected +4.8%, prior +5.2%

Gross Domestic Product (QoQ) (Q3) +1.1%, beating expectations

  • expected +0.8%, prior +1.1%

The y/y rate is the slowest in in a year. The ongoing property slump and trade tensions are hurting demand. Pressure remains on policymakers to pump out further stimulus to bolster momentum.

This article was written by Eamonn Sheridan at investinglive.com.