Global Economic Outlook: China, Indonesia and Thailand in Focus for Key Economic Indicators

Firstpost reports on China’s Big Data release indicating a rebound in the economy

On Tuesday, China is predicted to release several economic data sets, including Q1 GDP estimates and figures for March retail sales, industrial output, fixed asset investment, and unemployment. The GDP is expected to grow by 0.8 percent on the quarter and 4.8 percent on the year. Additionally, the unemployment rate is anticipated to decrease slightly while house prices are down 1.2 percent year over year.

Meanwhile in Indonesia, the trade balance data for March will be released, showing a trade surplus of $0.87 billion in February. Furthermore, Thailand’s market will reopen on Wednesday after being closed for the Songkran Festival.

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