China May Industrial production +4.4% y/y (expected 5.0%) & Retail sales -2.8% y/y (vs. -7.5% in April)

Author: Eamonn Sheridan | Category: News

China activity data for May

Industrial Production +4.4% y/y 
  • expected 5.0%, prior was 3.9%
Industrial production YTD -2.8% y/y 
  • expected -3.0%, prior was -4.9%
Fixed Assets (excluding rural) YTD -6.3% y/y,  
  • expected -6.0%, prior was -10.3%
Retail Sales -2.8% y/y, 
  • expected -2.3%, prior was -7.5%
  • a 4th consecutive month of decline for retail sales, at least not as dire as the April result though 
Retail Sales YTD -13.5% y/y, 
  • expected -13.5%, prior was -16.2%  

Also data released for the unemployment rate, 5.9%
  • expected 5.9%, prior was 6.0%


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