China GDP, industrial production, retail sales data all out now

Q1 GDP +7.0% y/y

  • expected +7.0% y/y, prior was +7.3%

Q1 GDP SA q/q +1.3% (+1.4% expected and +1.5% prior)

More:

March Industrial Production +5.6% y/y MISS

  • expected is +7.0%

Industrial production YTD +6.4% y/y MISS

  • expected 6.9%, prior was 6.8%

Fixed Assets (excluding rural) YTD 13.5% y/y, MISS

  • expected 13.9%, prior was 13.9%

Retail Sales 10.2% y/y MISS

  • expected 10.9%

Retail Sales YTD 10.6% y/y MISS

  • expected 10.8%, prior was 10.7%

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So, GDP comes in bang on expectations. (Comments welcome ... ;-) ) BTW .... 6 year low.

Meanwhile all other data in at below expectations.

Everybody's favourite China proxy (that'd be the AUD) is down a little on the releases).

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Updated ... net the AUD is barely changed: