Demonstrably weaker than Reuter’s median forecast of +1.5% y/y.
China’s April industrial output +9.3% y/y, again weaker than Reuter’s median forecast of +12.0%.
China’s April retail sales +14.1% y/y, weaker than Reuter’s median forecast of +15.2%
EUR/USD slips touch lower on weaker than expected data, presently at 1.2918.
