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China: March Industrial output ++4.5%y/y (expected +5.4%) Retail sales ++3.1% (4.5% exp)

Key economic indicators from China for March 2024. Plenty of misses here, not a good report.

Urban Jobless Rate 5.2%

  • expected 5.2%, prior 5.3%

Property Investment YTD -9.5% y/y

  • expected -9.2%, prior -9.0%

Residential Property Sales YTD -30.7% y/y

  • prior -32.7%

A press conference from China’s National Bureau of Statistics (NBS) will follow soon.

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

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