China October Industrial Production 5.9% y/y (expected 5.8%)

Activity data from China for October, retail sales and investment data is on separate posts

Industrial Production 5.9% y/y

• expected 5.8%, prior was 5.8%

industrial production YTD 6.4% y/y

• expected 6.3%, prior was 6.4%

With the better performance in trade figures than was expected, another positive sign from the manufacturing sector. There are still expectations that the outperformance is 'front loading' ahead of further tariff impacts.