The announcement time is usually 20:30 Beijing time on the first Friday of each month.
2. Gross domestic product (GDP): refers to the total value of all final products and services produced by a country within a certain period of time. Reflecting a country's overall economic situation is closely related to economic growth, which is regarded as "the most comprehensive economic dynamic indicator" by most western economists.
Generally, the final value of last quarter will be announced at 2 1: 30 Beijing time at the end of each quarter.
3. Retail sales: In fact, it is a statistical summary of retail sales. Any commodity transaction paid by cash or credit card is the business scope of retail industry. Retail data plays an important guiding role in judging a country's economic situation and prospects, because retail sales directly reflect the increase or decrease of consumer spending.
The data is counted by the U.S. Department of Commerce, and usually released at 211421:30.
4. Labor cost: Labor cost refers to the expenses and funds paid by enterprises (units) to employ social labor by labor, labor objects and labor means. Analyzing the influence of labor cost changes on the relationship between labor supply and demand and even the operation of the national economy can provide an important basis for the party and governments at all levels to formulate labor policies.