March 27, 2023
Using a cutting-edge approach that incorporates at a large scale low-frequency macro-economic variables with high-frequency sentiment indicators, RavenPack is able to nowcast China's macroeconomic indicators with enhanced accuracy and timeliness.
Nowcasting models are an invaluable tool for policymakers and financial professionals, providing timely updates on key economic indicators like gross domestic product (GDP), inflation, employment, and industrial production.
Leveraging RavenPack EDGE Analytics, a state-of-the-art nowcasting model is applied to predict Chinese macroeconomic activity in real time, demonstrating its potential as a powerful forecasting tool.
Download our one-page executive brief to learn how this innovative approach can alleviate near-term uncertainty.
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