Chinese GDP Slightly Misses Expectations, Up 7.6%

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UPDATE:

China’s economy expanded at a slightly lower than forecast rate, improving 7.6 percent from the year-ago period.

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While the year-on-year figure missed expectations, sequential data showed some strength, beating projections by 20 basis points at a 1.8 percent gain.

Here are the key figures:

Real GDP (YoY): +7.6%

Real GDP (QoQ): +1.8%

Industrial Production (YoY): +10.5%

Retail Sales (YoY): +13.7%

Figures courtesy Daily FX.

ORIGINAL:

Minutes away from the key economic announcement of the night: Chinese second quarter GDP.

Here are the key numbers the street is looking for:

Real GDP (YoY): +7.7 percent

Real GDP (QoQ): +1.6 percent

Industrial Production (YoY): +9.8 percent

Retail Sales (YoY): +13.4 percent

The announcement is expected at 10:00 p.m. ET.

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