Sunday , 23 February 2025
Home Forex China April March Industrial output +6.7%y/y (expected +5.5%) Retail sales +2.3%(3.8% exp)
Forex

China April March Industrial output +6.7%y/y (expected +5.5%) Retail sales +2.3%(3.8% exp)

Key economic indicators from China for March 2024.

Unemployment Rate 5.0%

  • expected 5.2%, prior 5.2%

So, a bit of encouraging news and some not so good.

  • Factory output beat, unemployment beat.
  • Retail and investment miss

Domestic consumption, as reflected in that miss for retail sales, is still struggling.

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

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