China data - industrial production & retail sales for August both beat expectations

Author: Eamonn Sheridan | Category: News

China August activity data - all indicators coming in stronger than central median survey estimates.  

Industrial Production 5.6% y/y ... BEAT
  • expected 5.1%, prior was 4.8%
Industrial production YTD 0.4% y/y ... BEAT
  • expected +0.2%, prior was -0.4%
Fixed Assets (excluding rural) YTD -0.3% y/y ... BEAT
  • expected -0.4%, prior was -1.6%
Retail Sales 0.5% y/y ... BEAT
  • expected 0.0%, prior was -1.1%
  • the >0 result is the first growth for 2020.
Retail Sales YTD -8.6% y/y ... BEAT
  • expected -8.8%, prior was -9.9%


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