China’s Nov data dump: Retail Sales miss estimates with 5.0%, Industrial Production steadies at 2.6%


China’s November Retail Sales YoY, the number arrived at 5.0% vs. +5.2% exp and +4.3% last, with Industrial Output YoY at +7.0% and +7.0% exp and +6.9% last. 

Meanwhile, Fixed Asset Investment YoY stood at 2.6% vs. +2.6% expected and +1.8% last. 

Additional details

China Jan-Nov private sector fixed-asset investment +0.2% YoY.

China Jan-Nov infrastructure investment +1.0% YoY.          

China Nov nationwide survey-based jobless rate at 5.2%.

China Nov survey-based jobless rate in 31 major cities at 5.2%.

China's economy created 10.99 million jobs in Jan-Nov.

Impact on AUD/USD

The mixed Chinese macro numbers served, failed to impress the aussie dollar bulls. The AUD/USD pair trades better bid around 0.7535 on the data release.

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