Chinese industrial production up 7% y/y

Market news

15 May 2018

Chinese industrial production up 7% y/y

Industrial output in China was up 7.0 percent on year in April, according to rttnews

That topped expectations for an increase of 6.4 percent and was up from 6.0 percent in March.

The bureau also said that retail sales advanced an annual 9.4 percent - missing forecasts for 10.0 percent and down from 10.1 percent in the previous month.

Fixed asset investment picked up 7.0 percent on year, shy of expectations for 7.4 percent and down from 7.5 percent a month earlier.

France: CPI, m/m, April 0.2% (forecast 0.1%)

ECB's Coeure says divergence between our key policy rates and market rates could become more important in the future once policy rates begin to normalise

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