China June retail sales, industrial production data up from May

China emerged a little more from harsh lockdown restrictions during June, helping economic activity to improve.

Data for June:

Industrial Output +3.9% y/y

  • expected 4%, previous 0.7%

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Retail Sales +3.1% y/y

  • expected 0.3%, previous -6.7%

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Urban Investment +6.1% YTD y/y

  • expected 6%, previous 6.2%

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Unemployment Rate 5.5%

  • previous 5.9%

more to come