China's Gross Domestic Product
Prior: 6.7%
Surveyed: 6.6%
Actual: 6.5%
Industrial Production 5.8% y/y …. miss …. yuck
expected 6.0%, prior was 6.1%
Industrial production YTD 6.4% y/y
expected 6.4%, prior was 6.5%
Fixed Assets (excluding rural) YTD 5.4% y/y
expected 5.3%, prior was 5.3%
Retail Sales 9.2% y/y
expected 9.0%, prior was 9.0%
Retail Sales YTD 9.3% y/y
expected 9.3%, prior was 9.3%
Retails sales doing well, China has said they want to boost domestic economic demand, maybe they are, or the figures showing it regardless ifyouknowhatImean.
IP down, likely impacted by exports and trade war (though if you saw the exports figures last week …. nope …. exports are still strong).
Investment numbers a beat, some flow thorugh from slightly easier monetary policy?
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