China August retail sales +5.4% y/y (expected +3.5%), Industrial production +4.2% (3.8%)

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China August retail sales +5.4% y/y (expected +3.5%), Industrial production +4.2% (3.8%)

<p>Activity data from China for August 2022.</p><p>A series of beats with the 3 major headlines all beating central median estimates. </p><p>Surveyed Jobless Rate 5.3% is also a beat</p><ul><li>expected 5.4%, prior 5.4%</li></ul><p>more to come</p><p> More:</p><p> Retail Sales YTD +0.5%y/y</p><ul><li> expected +0.2%, prior -0.2%</li></ul><p>Industrial Production YTD +3.6% y/y</p><ul><li>expected est 3.6%, prior 3.5%</li></ul><p>----</p><p>The official data is showing stronger than expected. In the short term the official data is what we have to go on. More independent sources will dispute the numbers. </p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: China August retail sales +5.4% y/y (expected +3.5%), Industrial production +4.2% (3.8%)

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