China February activity data: retail sales, investment beats, IP miss (and how)

Author: Eamonn Sheridan | Category: News

The data can be found here for Industrial production, retail sales and fixed asset investment

(note the data combined Jan and Feb in an attempt to account for distortions caused each year in these moths due to the lunar new year holiday timing)

While retail and investment results were beats industrial production has come in at its slowest growth in 17 years. Trade tensions and also less robust domestic demand weighing on industrial output. A detail in the 'investment' numbers showed property investment at a strong clip of +11+% y/y, which may augur well for demand ahead. We'll see.
 

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