Home›Forex›EM Currencies›China June retail sales beat expectations while indust…

China June retail sales beat expectations while industrial output rose

China’s June industrial production increased 5.3% year over year, while fixed-asset investment remained weak at minus 5.7% year to date.

Reported · Written up by our desk · EM Currencies

Forexlive reported that China’s June retail sales rose 1.0% year over year, compared with an expected decline of 0.1%.

The same data set showed industrial output climbing 5.3% year over year, topping an expected 4.6%.

Fixed-asset investment, however, stayed under pressure, falling 5.7% year to date year over year, reflecting a mixed picture of activity as markets parse the strength in consumption and production versus continued weakness in investment.

More like this

Sources