China's Q3 GDP grows 4.5%, topping expectations

China's economy grew 4.5% y/y in Q3, topping the 4.4% forecast, and 1.2% q/q. GDP rose 4.6% in Jan-Sept. September retail sales rose 1.1% y/y, beating the 0.5% poll, while industrial output rose 5.5% as expected. Jan-Sept fixed-asset investment fell 7.2% y/y, property investment fell 20.6%, and residential property sales fell 13.7%.

Detected & updated continuously · Source: Nebula