The latest data published by the National Bureau of Statistics (NBS) showed Friday, China’s August Retail Sales , rose 4.6% YoY vs. 3.0% expected and
The latest data published by the National Bureau of Statistics showed Friday, China’s August , rose 4.6% YoY vs. 3.0% expected and 2.5% previous while the country’s Industrial Production came in at 4.5% YoY vs. 3.9% estimated and July’s 3.7%.
Meanwhile, the Fixed Asset Investment increased 3.2% YTD YoY in August vs 3.3% expected and 3.4% reported in July.China Jan-Aug infrastructure investment +6.4% YoY.The Australian Dollar is cheering the encouraging Chinese data release, as AUD/USD is keeping its recovery momentum intact. The Information on these pages contains forward-looking statements that involve risks and uncertainties.
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Retail sales rise 0.6% in August largely due to a spike in gas pricesShoppers stepped up their buying modestly as inflation on many items eased, but they still face a host of economic challenges over the next few months.
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Retail sales rise 0.6% in August largely due to a spike in gas pricesShoppers stepped up their buying modestly as inflation on many items eased, but they still face a host of economic challenges over the next few months.
Read more »