China August data: Industrial Production 5.3%y/y (expected 5.8%)

Author: Eamonn Sheridan | Category: News

China activity data for August  

Industrial Production 5.3% y/y

  • expected 5.8%, prior was 6.4%

Industrial Production YTD % y/y

  • prior was 14.4%

Fixed Assets (excluding rural) YTD % y/y

  • expected 9.0%, prior was 10.3%

Retail Sales 2.5% y/y .... HUGE MISS!

  • expected 7.0%, prior was 8.5%

Retail Sales YTD 8.9% y/y

  • prior was 20.7%

That retail sales miss is a bad result indeed - its an indication of the impact of the recent outbreaks on the consumer. China's domestic sector is badly lagging the external sector. 
 
 more to come  
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