China: Retail Sales Up 18.4% in April, Industrial Production Up 5.6%

As reported today by China’s National Bureau of Statistics, the country’s retail sales rose 18.4% yoy in April, versus 21.0% expected and the previous 10.6%, while the country’s industrial production stood at 5.6% year-on-year, compared to an estimated 10.9% and the previous 3.9%.

For his part, investment in fixed assets increased 4.7% year-on-year in April, versus 5.5% expected and the previous 5.1%.

Additional data

Cup of April national unemployment in China: 5.2%.

Unemployment rate of 31 major Chinese cities: 5.5%.

Cup of unemployment of people between 16 and 24 years oldbased on a survey conducted in China in April: 20.4%, a record figure.

Investment in fixed assets of the private sector in January-April: +0.4% year-on-year.

Investment in infrastructures in January-April: +8.5% year-on-year.

Source: Fx Street

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