Week Ahead Economic Preview: Week Of 12 April 2021 – Investing.com UK

Week Ahead Economic Preview: Week Of 12 April 2021 – Investing.com UK

China and UK GDP updates

Industrial production numbers for China, the US, Eurozone and UK

US and China retail sales

Updates to economic trends in China, Japan, the US, Eurozone and UK will dominate the week as markets seek insights into growth momentum amid varying vaccine roll-outs and virus infection rates. The week also sees interest rate decisions scheduled at central banks in New Zealand, South Korea and Turkey.

China's annual growth rate is set to surge in the first quarter, given the economic slump seen this time last year as the pandemic struck and the economy locked down. Growth could accelerate from 6.8% in the fourth quarter to around 19%, though the pace of expansion will likely cool in the remaining quarters of the year. China nevertheless continues to show strong economic expansion, due mainly to its success in controlling fresh outbreaks of COVID-19, with our economic forecasting team pencilling-in 7.8% growth for 2021 and a 5.8% expansion in 2022. Japan's will also come under scrutiny, notably in the hope that stronger factory output growth is helping to offset service sector malaise.

In the US, and data are expected to show the economy sustaining strong growth momentum midway through the