• m/m +0.82% vs +0.80% prev
  • retail sales April y/y +11.9% vs +12.2% exp
  • m/m +0.83% vs +1.24% prev
  • Jan-April fixed asset investment +17.3%
  • m/m +1.17% vs +1.22% prev
  • Jan-April property investment +16.4%

China’s steel products output rose 5.4% y/y in April to 92.5 million tons, compared with 5.0% y/y growth in March. For the first four months, steel products output was up 5.9% y/y, sharply lower than the 11.4% growth of 2013.

USDJPY unchanged at 102.29 but AUSUSD lower on the weaker headline numbers

Chinese ind prod April

Chinese ind prod April