Activity data from China for October, retail sales here while IP and investment data is on separate posts
Retail Sales 8.6% y/y
- expected 9.2%, prior was 9.2%
Retail Sales YTD 9.2% y/y
- expected 9.3%, prior was 9.3%
A miss on the data, indicating consumption not as healthy as expected. A sharp slow down this is.
Add that in as another sign of a little weaknes in the domestic economy in China
more to come
