This week, in the business world.
THE industrial production index , manufacturing sales, retail sales and unemployment data are among the economic data due this week.
UOB Global Economics and Markets Research expects GDP to contract by 0.6% y-o-y from a growth of 2.1% y-o-y in the fourth quarter of 2022 , while Bloomberg’s median estimate is at 1.1% y-o-y. Both exports and industrial output reported contractions for the quarter, while retail sales were soft.CHINA will announce loan data, consumer price index , producer price index and trade data, among others, this week.
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