China August Industrial Production 4.5% y/y (expected 3.9%) & Retail sales 4.6% (exp 3%)

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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%)

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