Forex News

China PMI due today (at 0100 GMT) – “struggling growth trajectory is not just about COVID”

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Due at 0100 GMT on Monday, 31 October 2022 are the official PMIs from China for October.

This quickie preview snippet via Reuters:

  • “China’s struggling growth trajectory is not just about COVID-related restrictions,” said analysts at Oxford Economics in a research note.

    “The economy is facing significant structural headwinds that will limit GDP growth. We forecast China’s growth will average about 4%-4.5% over the next five years or so.”

This
snapshot from the ForexLive economic data calendar, access
it here
.

The
times in the left-most column are GMT.

The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.


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