• GDP rises 10.7% y/y versus 10.9 consensus
  • CPI up 1.9% y/y vs 1.5% consensus
  • Industrial production up 18.5% y/y versus 20% consensus
  • Retail sales up 17.5% y/y versus 16.4% expected

The CPI rise will keep speculation high that China will continue tightening steps in the months ahead.