China August Industrial Production 4.5% y/y (expected 3.9%) & Retail sales 4.6% (exp 3%)China industrial production and retail sales data for August 2023. Very nice beats for both.
More:
China Jan-Aug Fixed-Asset Investment +3.2% Y/Y (Reuters poll +3.3%)- Jan-Aug Private
Sector Fixed-Asset Investment -0.7% Y/Y - Jan-Aug
Infrastructure Investment +6.4% Y/Y - August unemployment rate 5.2% (expected 5.3%, prior 5.3%)
Comments from the National Bureau of Statistics (NBS):
In August, major indicators showed marginal improvement- National economy
showed good momentum of recovery - Domestic demand
remains insufficient
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: China August Industrial Production 4.5% y/y (expected 3.9%) & Retail sales 4.6% (exp 3%) (https://www.forexlive.com/news/china-august-industrial-production-45-yy-expected-39-retail-sales-46-exp-3-20230915/)
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