China: Growth likely accelerated QoQ in Q4 2021 – Standard Chartered

Analysts at Standard Chartered accept as true with that China’s Q4 2021 GDP is probably to have extended to 3.6%.

Key quotes
“Growth may additionally have accelerated sequentially in Q4, no matter predicted fall in y/y increase due to a excessive base.”

“We anticipate GDP increase to have slowed similarly to 3.6% y/y in Q4 from 4.9% in Q3 due to a excessive base.”

“Exports probable remained resilient; retail income boom may additionally have edged up on NEV income boost.”

“CPI inflation can also have moderated on falling vegetable prices; PPI inflation probably eased further.”

“Money and TSF boom possibly accelerated, benefiting from the RRR reduce and authorities bond issuance.”

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