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fxJul 15, 2026, 2:05 AM

China Q2 GDP grows 4.3% YoY, misses 4.5% forecast

China's economy expanded 4.3% year-on-year in Q2 2026, below the expected 4.5%, with quarter-on-quarter growth decelerating to 0.9% from 1.3% in Q1.

USDCNY

China's gross domestic product rose 4.3% in the second quarter of 2026 compared with the same period a year earlier, official data from the National Bureau of Statistics showed Wednesday. The reading was below the market consensus of 4.5%.

On a quarterly basis, the economy grew 0.9% in Q2, slowing from the 1.3% expansion recorded in the first quarter. The data highlights a moderation in the recovery pace of the world's second-largest economy.

The figures are likely to influence Chinese yuan sentiment and trigger debate over the need for additional policy support.

Source: FXStreet Forex News