China
+2.4
▬
vs 1w ago (+2.4)
China economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
+2.4
1 Week Ago
+2.4
Releases (90d)
99
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with CSI 300 Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Retail Sales YoY +4.19z
- Gross Domestic Product YoY +1.58z
- S&P Global Services PMI +0.55z
- S&P Global Services PMI +1.06z
- Inflation Rate MoM +0.41z
▼ Top Negative Surprises
- Outstanding Loan Growth YoY -1.52z
- Inflation Rate MoM -3.30z
- New Loans -2.80z
- M2 Money Supply YoY -1.11z
- GDP Growth Rate YoY -0.34z
All Releases — 90 Day Window (99 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-07-15 | Retail Sales YoY | 1.0 | -0.1 | +4.188 | High | +232.59 |
| 2026-07-15 | Gross Domestic Product YoY | 4.7 | 4.5 | +1.579 | Medium | +58.45 |
| 2026-07-15 | Outstanding Loan Growth YoY | 5.2 | 5.4 | -1.523 | Low | -28.19 |
| 2026-05-11 | Inflation Rate MoM | 0.3 | -0.1 | -3.301 | Medium | -27.22 |
| 2026-05-14 | New Loans | -10.0 | 320.0 | -2.796 | Medium | -24.71 |
| 2026-07-15 | M2 Money Supply YoY | 8.0 | 8.5 | -1.110 | Low | -20.56 |
| 2026-07-15 | GDP Growth Rate YoY | 4.3 | 4.5 | -0.335 | High | -18.61 |
| 2026-06-16 | Fixed Asset Investment (YTD) YoY | -4.1 | -2.0 | -0.976 | Medium | -18.49 |
| 2026-05-18 | Fixed Asset Investment (YTD) YoY | -1.6 | 1.6 | -1.858 | Medium | -18.02 |
| 2026-07-15 | New Loans | 1610.0 | 1950.0 | -0.473 | Medium | -17.50 |
| 2026-07-15 | New Loans | 1610.0 | 1950.0 | -0.473 | Medium | -17.50 |
| 2026-07-03 | S&P Global Services PMI | 54.1 | 53.0 | +0.550 | Medium | +15.42 |
| 2026-06-03 | S&P Global Services PMI | 54.4 | 52.3 | +1.063 | Medium | +14.92 |
| 2026-05-11 | CPI MoM | 0.3 | -0.1 | -1.683 | Medium | -13.88 |
| 2026-07-07 | Foreign Exchange Reserves | 3.416 | 3.44 | -0.900 | Low | -13.84 |
| 2026-07-09 | Inflation Rate MoM | -0.3 | -0.2 | +0.413 | Medium | +13.30 |
| 2026-05-11 | Producer Price Index YoY | 2.8 | 1.5 | -1.548 | Medium | -12.77 |
| 2026-04-30 | S&P Global Manufacturing PMI | 52.2 | 51.0 | +1.249 | High | +11.98 |
| 2026-07-15 | Unemployment Rate | 5.0 | 5.1 | +0.617 | Low | +11.41 |
| 2026-07-15 | Industrial Capacity Utilization | 73.0 | 74.0 | -0.522 | Low | -9.67 |
| 2026-05-11 | Inflation Rate YoY | 1.2 | 0.8 | -0.718 | High | -8.89 |
| 2026-07-09 | CPI YoY | 1.0 | 1.1 | +0.262 | Medium | +8.46 |
| 2026-06-01 | S&P Global Manufacturing PMI | 51.8 | 51.4 | +0.413 | High | +8.30 |
| 2026-05-11 | CPI YoY | 1.2 | 0.9 | -0.962 | Medium | -7.94 |
| 2026-06-12 | New Loans | 520.0 | 450.0 | +0.422 | Medium | +7.28 |
| 2026-06-12 | New Loans | 520.0 | 450.0 | +0.422 | Medium | +7.28 |
| 2026-07-15 | Industrial Production YoY | 5.3 | 4.6 | +0.128 | High | +7.11 |
| 2026-06-10 | Inflation Rate MoM | -0.1 | -0.2 | -0.413 | Medium | -6.81 |
| 2026-07-09 | CPI MoM | -0.3 | -0.2 | +0.210 | Medium | +6.78 |
| 2026-06-07 | Foreign Exchange Reserves | 3.442 | 3.42 | +0.829 | Low | +6.38 |
| 2026-07-14 | Exports YoY | 27.0 | 18.2 | +0.118 | High | +6.38 |
| 2026-07-09 | Inflation Rate YoY | 1.0 | 1.1 | +0.131 | High | +6.32 |
| 2026-05-14 | Outstanding Loan Growth YoY | 5.6 | 5.8 | -1.418 | Low | -6.27 |
| 2026-06-16 | Unemployment Rate | 5.1 | 5.2 | +0.605 | Low | +5.73 |
| 2026-07-23 | FDI (YTD) YoY | -5.0 | -9.0 | +0.127 | Medium | +5.65 |
| 2026-07-15 | Fixed Asset Investment (YTD) YoY | -5.7 | -4.9 | -0.152 | Medium | -5.62 |
| 2026-07-14 | Imports YoY | 36.0 | 24.0 | +0.103 | High | +5.57 |
| 2026-06-03 | PMI | 54.0 | 52.8 | +0.774 | Low | +5.43 |
| 2026-05-18 | Retail Sales YoY | 0.2 | 2.0 | -0.343 | High | -4.98 |
| 2026-07-01 | S&P Global Manufacturing PMI | 51.7 | 51.6 | +0.103 | High | +4.13 |
| 2026-05-18 | Industrial Production YoY | 4.1 | 5.9 | -0.256 | High | -3.73 |
| 2026-06-10 | CPI YoY | 1.2 | 1.3 | +0.222 | Medium | +3.66 |
| 2026-06-10 | CPI MoM | -0.1 | -0.2 | -0.210 | Medium | -3.47 |
| 2026-05-06 | PMI | 53.1 | 51.8 | +0.855 | Low | +3.14 |
| 2026-05-18 | Unemployment Rate | 5.2 | 5.3 | +0.593 | Low | +2.88 |
| 2026-06-10 | Inflation Rate YoY | 1.2 | 1.3 | +0.111 | High | +2.73 |
| 2026-07-03 | PMI | 53.6 | 53.3 | +0.192 | Low | +2.69 |
| 2026-05-31 | NBS Non Manufacturing PMI | 50.1 | 49.5 | +0.187 | Medium | +2.44 |
| 2026-06-30 | NBS Non Manufacturing PMI | 50.2 | 49.9 | +0.093 | Medium | +2.42 |
| 2026-06-09 | Balance of Trade | 105.43 | 92.1 | +0.094 | High | +2.27 |
| 2026-05-09 | Exports YoY | 14.1 | 7.9 | +0.191 | High | +2.25 |
| 2026-05-06 | S&P Global Services PMI | 52.6 | 52.0 | +0.305 | Medium | +2.24 |
| 2026-06-12 | M2 Money Supply YoY | 8.6 | 8.5 | +0.222 | Low | +1.92 |
| 2026-06-09 | Exports YoY | 19.4 | 15.0 | +0.071 | High | +1.72 |
| 2026-05-25 | FDI (YTD) YoY | -10.3 | -6.8 | -0.147 | Medium | -1.67 |
| 2026-05-09 | Imports YoY | 25.3 | 15.2 | +0.136 | High | +1.61 |
| 2026-05-07 | Foreign Exchange Reserves | 3.411 | 3.4 | +0.417 | Low | +1.57 |
| 2026-06-22 | FDI (YTD) YoY | -8.6 | -11.0 | +0.062 | Medium | +1.36 |
| 2026-07-14 | Balance of Trade | 125.62 | 121.0 | +0.025 | High | +1.34 |
| 2026-06-16 | Industrial Production YoY | 4.5 | 4.3 | +0.039 | High | +1.11 |
| 2026-04-30 | NBS Non Manufacturing PMI | 49.4 | 49.9 | -0.154 | Medium | -0.99 |
| 2026-05-14 | M2 Money Supply YoY | 8.6 | 8.5 | +0.222 | Low | +0.98 |
| 2026-04-30 | NBS General PMI | 50.1 | 50.7 | -0.299 | Low | -0.96 |
| 2026-05-15 | Current Account | 184.1 | 215.0 | -0.088 | Medium | -0.80 |
| 2026-05-15 | Current Account | 184.1 | 215.0 | -0.088 | Medium | -0.80 |
| 2026-05-31 | NBS General PMI | 50.5 | 50.3 | +0.100 | Low | +0.66 |
| 2026-06-30 | NBS General PMI | 50.6 | 50.7 | -0.050 | Low | -0.65 |
| 2026-05-27 | Industrial Profits YoY | 18.2 | 12.0 | +0.101 | Low | +0.60 |
| 2026-05-14 | Total Social Financing | 620.0 | 1500.0 | -0.135 | Low | -0.59 |
| 2026-07-15 | House Price Index YoY | -3.3 | -3.4 | +0.015 | Medium | +0.56 |
| 2026-06-09 | Imports YoY | 27.4 | 25.0 | +0.020 | High | +0.48 |
| 2026-07-15 | Total Social Financing | 3360.0 | 3770.0 | -0.025 | Low | -0.46 |
| 2026-06-16 | House Price Index YoY | -3.5 | -3.4 | -0.015 | Medium | -0.29 |
| 2026-06-12 | Total Social Financing | 2030.0 | 1870.0 | +0.020 | Low | +0.17 |
| 2026-05-09 | Balance of Trade | 84.82 | 83.3 | +0.012 | High | +0.14 |
| 2026-06-27 | Industrial Profits YoY | 18.8 | 20.0 | -0.012 | Low | -0.14 |
| 2026-07-27 | Industrial Profits YoY | 18.7 | 19.2 | -0.005 | Low | -0.12 |
| 2026-05-14 | New Yuan Loans | -10.0 | 300.0 | -0.012 | Medium | -0.11 |
| 2026-07-15 | New Yuan Loans | 1610.0 | 2000.0 | -0.002 | Medium | -0.09 |
| 2026-06-30 | NBS Manufacturing PMI | 50.3 | 50.1 | +0.002 | High | +0.06 |
| 2026-04-30 | NBS Manufacturing PMI | 50.3 | 50.1 | +0.002 | High | +0.01 |
| 2026-06-12 | New Yuan Loans | 520.0 | 550.0 | -0.001 | Medium | -0.01 |
| 2026-06-26 | Current Account | 184.3 | 184.1 | +0.001 | Low | +0.01 |
| 2026-05-18 | House Price Index YoY | -3.5 | -3.5 | +0.000 | Medium | +0.00 |
| 2026-05-20 | Prime Rate | 3.0 | 3.0 | +0.000 | Medium | +0.00 |
| 2026-05-20 | Loan Prime Rate 5Y | 3.5 | 3.5 | +0.000 | Medium | +0.00 |
| 2026-05-20 | Loan Prime Rate 1Y | 3.0 | 3.0 | +0.000 | Medium | +0.00 |
| 2026-05-31 | NBS Manufacturing PMI | 50.0 | 50.0 | +0.000 | High | +0.00 |
| 2026-06-10 | Producer Price Index YoY | 3.9 | 3.9 | -0.000 | Medium | -0.00 |
| 2026-06-12 | Outstanding Loan Growth YoY | 5.5 | 5.5 | +0.000 | Low | +0.00 |
| 2026-06-22 | Prime Rate | 3.0 | 3.0 | +0.000 | Medium | +0.00 |
| 2026-06-22 | Loan Prime Rate 1Y | 3.0 | 3.0 | +0.000 | Medium | +0.00 |
| 2026-06-22 | Loan Prime Rate 5Y | 3.5 | 3.5 | +0.000 | Medium | +0.00 |
| 2026-07-09 | Producer Price Index YoY | 4.1 | 4.1 | -0.000 | Medium | -0.00 |
| 2026-07-15 | GDP Growth Rate QoQ | 0.9 | 0.9 | +0.000 | Medium | +0.00 |
| 2026-07-15 | Gross Domestic Product QoQ | 0.9 | 0.9 | +0.000 | Medium | +0.00 |
| 2026-07-20 | Prime Rate | 3.0 | 3.0 | +0.000 | Medium | +0.00 |
| 2026-07-20 | Loan Prime Rate 1Y | 3.0 | 3.0 | +0.000 | Medium | +0.00 |
| 2026-07-20 | Loan Prime Rate 5Y | 3.5 | 3.5 | +0.000 | Medium | +0.00 |