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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

Breaking News: Markets Nyheter

Market Insider,Markets,Stock Markets

However, other economic metrics, such as industrial output and fixed asset investment, missed Reuters forecasts.

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker