China Oct data dump: Retail sales drop to 8.6%, industrial output a tad better at 5.9%
|China’s October retail sales YoY, the number came in at 8.6% vs 9.1% exp and 9.2% last, with industrial output YoY at 5.9% and 5.7% exp and 5.8% last.
Meanwhile, urban investment YoY increased to 5.7% vs 5.5% expected and 5.4% last, the latest release by the National Bureau of Statistics (NBS) showed on Wednesday.
China Oct property investment YoY stood at 9.7% vs. 9.9% last while Oct surveyed jobless rate arrived at 4.9% vs. 4.9% previous.
Mixed Chinese macro numbers had little effect on the Australian Dollar, keeping the AUD/USD pair better bid near the 0.7220 region, while AUD/JPY wavers around the 82.25 level.
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