Thursday , 21 November 2024
Home Forex China Sept: Retail sales +3.2% y/y (expected +2.5) Industrial production +5.4% y/y (4.6)
Forex

China Sept: Retail sales +3.2% y/y (expected +2.5) Industrial production +5.4% y/y (4.6)

The data is in the screen shot below.

More:

  • the unemployment rate in 31 cities was 5.1%
  • January – September property investment was down 10.1% y/y
  • January – September infrastructure investment was +4.1%

Offshore yuen is up a little after the data.

All three of the major activity indicators were above expectations, with retail sales and industrial output above Au

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDCAD breaks below a cluster of technical levels

The USDCAD is moving lower and in the process has broken below...

NASDAQ index now down over 1% on the day. Russell 2000 maintains its gains

There is a shift out of the different major indices today. The...

US leading Index for October -0.4% vs -0.3% estimate

Prior month -0.3% revised from -0.5%Leading index -0.4% vs -0.3% estimate. One...

US existing home sales for October 3.96M versus 3.93M

Prior month 3.84M annualized rate revised to 3.83MExisting home sales percentage change...