China May industrial production +5.0% vs +5.4% y/y expected

Author: Justin Low | Category: News

Chinese industrial production data for May is released - 14 June 2019

  • Prior +5.4%
  • Industrial production YTD +6.0% vs +6.1% y/y expected
  • Prior +6.2%
The headline reading is poor as the annual estimate of industrial production slows to its weakest level since February 2002. The year-to-date figure is at least somewhat steady but this will no doubt feed into further concerns about a slowdown in the Chinese economy in Q2 despite efforts by local authorities to boost economic growth.

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