China May retail sales beat expectations, but industrial output and fixed asset investment missed

China's retail sales beat expectations in May, climbing 3.7% compared with a year ago and beating expectations of a 3% rise.

Industrial output grew by 5.6% year-on-year, compared to the 6% increase expected, while fixed asset investment rose 4% compared to last May, just shy of the 4.2% forecast by the Reuters poll.year-on-year in May in U.S. dollar terms, beating the Reuters' forecast for a 6% increase. But imports missed expectations, rising by 1.8% during that time.released Friday pointed to continued lackluster demand. Outstanding yuan loans rose by 9.

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