China June Industrial Prdn. 7.6%y/y (expected 6.5%), Retail sales %y/y (10.6%) + more

Author: Eamonn Sheridan | Category: News

China data for June 2017

Industrial Production 7.6% y/y for a huge beat
  • expected 6.5%, prior was 6.5%
  • For the m/m up 0.81%
Industrial production YTD 6.9% y/y  beat
  • expected 10.3%, prior was 10.3% expected 6.7%, prior 6.7%
Fixed Assets (excluding rural) YTD 8.6% y/y, beat
  • expected 8.5%, prior was 8.6%
  • Private investment +7.2% in January to June (from 6.8% January to May)
Retail Sales 11.0% y/y, big beat
  • expected 10.6%, prior was 10.7%
Retail Sales YTD 10.4% y/y, beat
  • expected is 10.3%, prior was 10.3%
From China's National Bureau of Statistics:
  • June steel output at a record high
  • Real estate investment in China rose 8.5 percent in the first half of 2017 from the same period a year earlier, easing slightly from 8.8 percent growth in the first five months
  • New construction starts measured by floor area were up 10.6 percent in the first half of the year, compared with a 9.5 percent rise in the first five January-May
  • Property sales measured by floor area grew 16.1 percent in January-June from the same period a year earlier, up from 14.3 percent in the first five months of the year

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