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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.

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