April data from China for:

April Industrial Production 6.5% y/y ... a big miss for IP

  • expected 7.0%, prior was 7.6%

industrial production YTD 6.7% y/y

  • expected 6.9%, prior was 6.8%

Fixed Assets (excluding rural) YTD 8.9% y/y ... a miss

  • expected 9.1%, prior was 9.2%

Retail Sales 10.7% y/y ... a miss for retails sales

  • expected is 10.8%, prior was 10.9%

Retail Sales YTD 10.2% y/y

  • expected 10.2%, prior was 10.0%

Apologies for the delay on this ... computer issue right at the wrong time ...

More:

National Bureau of Statistics (NBS) on the data:

  • January - April property investment +9.3 pct y/y
  • NBS says economic operation continues good momentum in April, more positive factors seen
  • Economy still faces complex external and internal environment, structural problems have yet to be fundamentally eased
  • China created 4.65 million new urban jobs in January - April
  • China's economic growth still within a reasonable range
  • China has completed 63.4% of the 2017 annual target on steel capacity cuts
  • Has completed 46% of annual target on coal capactity cuts
  • Jobless rate in 31 major cities is below 5%