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China December economic activity data beats across all 3 indicators

China December economic activity data beats across all 3 indicators

China data.

The activity data is centred on 3 indicators: industrial production, retail sales and fixed asset investment.

That's a very impressive beat on Retail Sales in particular.

More:

Nationwide jobless rate 5.5%

  • expected 5.8%, prior 5.7%

The data from the property sector is very soft indeed, as you'd expect:

  • China 2022 funds raised by Chinese real estate developers -25.9% y/y
  • China 2022 property sales by floor area -2... Read More
Posted: Jan 17 2023, 02:03
Author Name: forexlive
Views: 111614

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