• Chinese industrial production rose less than expected

Market news

14 June 2018

Chinese industrial production rose less than expected

Industrial production in China was up 6.8 percent on year in May, according to rttnews.

That was shy of expectations for 7.0 percent, which would have been unchanged from the April reading.

The bureau also said that retail sales were up an annual 8.5 percent in May - also missing expectations for 9.6 percent and down from 9.4 percent in the previous month.

Fixed asset investment gained 6.1 percent on year in May, missing forecasts for 7.0 percent, which would have been unchanged from the April reading.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.