China’s May Retail Sales and Industrial Output increase but miss estimates – Crypto News – Crypto News
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China’s May Retail Sales and Industrial Output increase but miss estimates – Crypto News

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According to the latest data published by the National Bureau of Statistics (NBS) on Thursday, China’s May Retail Sales YoY, rose 12.7% vs. 13.6% expected and 18.4% previous while the country’s Industrial Production came in at 3.5% YoY vs. 3.6% estimated and 5.6% prior.

Meanwhile, the Fixed Asset Investment increased 4.0% YTD YoY in May vs 4.4% expected and 4.7% last.

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