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China April Industrial output 5.6% y/y (expected +10.9%) Retail sales 18.4% y/y (21.0%)

China April Industrial output 5.6% y/y (expected +10.9%) Retail sales 18.4% y/y (21.0%)
Chinese economic activity data for April 2023. Miss on industrial production, miss on retail sales, miss on fixed asset investment. 'Risk' FX is taking a wee hit on the disappointing data. IP and retail sales are both well ahead of the March data but missed analyst central expectations. This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: May 16 2023, 02:01
Author Name: forexlive
Views: 111577

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