The YoY retail sales in China for May reached + 12.4%, compared to the + 13.6% expected and + 17.7% of the previous month, while interannual industrial production reached + 8.8% compared to the + 9.0% expected and falling from + 9.8% previously.
For its part, year-on-year investment in fixed assets stood at + 15.4% compared to the + 16.9% expected and the previous + 19.9%.
Additional details
Survey-based national unemployment rate: 5.0%.
Survey-based unemployment rate in 31 major cities: 5.2%.
Chinese investment in fixed assets in January-May: + 18.1% year-on-year.
Investment in infrastructure from January to May: + 11.8% year-on-year.
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