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China retail sales down -5.9% yoy in Nov, industrial production up 2.2% yoy

China retail sales contracted -5.9% yoy in November, much worse than expectation of -3.9% mom. Industrial production grew 2.2% yoy, below expectation of 3.4% yoy. Fixed asset investment rose 5.3% ytd yoy, below expectation of 5.6%. “The consumption market was under pressure in November due to the impact of Covid and other factors, and the […] The post China retail sales down -5.9% yoy in Nov, industrial production up 2.2% yoy appeared first on Action Forex... Read More
Posted: Dec 15 2022, 05:37
Author Name: actionforex
Views: 111686

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