Coming up at 0200 GMT:
- Industrial Production y/y expected is 7.0%, prior was 7.0%
- industrial production YTD y/y expected is 6.6%, prior was 6.9%
- Fixed Assets (excluding rural) YTD y/y, expected is 7.0%, prior was 7.0%
- Retail Sales y/y, expected is 9.6%, prior was 9.4%
- Retail Sales YTD y/y, expected is 9.7%, prior was 9.7%
I posted an earlier preview of the data here:
Another now, via …
Barclays:
- We expect IP growth to edge up to 7.2% as evidenced by the stronger NBS manufacturing PMI.
- We forecast fixed asset investment growth to rebound to 7.2% in May from 7.0% in April on an expected recovery of infrastructure investment and continued improvement in manufacturing investment.
- Retail sales growth is likely to edge higher to 9.6% in May from 9.4%.
CBA:
- We expect China's key growth indicators to stay resilient in May.
- We expect industrial production growth to stay at 7.0%/yr. The production sub-indices in the manufacturing PMI remained strong.
- We expect fixed asset investment growth to rebound to 7.2%/yr because of an expected pick-up in infrastructure investment.
- Retail sales is expected to lift to 10.1%/yr because of a cut to the VAT and a cut to import duty.
(bolding mine)
