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China's October retail sales data matches market expectations

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - After China's weak October export and consumer-price reports, the FAI, retail sales and industrial production data was released today.

    Retail sales in China rose 11.0 per cent on-year in October, a little higher than September's 10.9 per cent jump.

    The industrial production grew 5.6 per cent year-over-year in October, below September's 5.70 per cent level and the expected 5.8 per cent by economists polled by Reuters.

    China's fixed-asset investment (FAI) increased 10.2 per cent in the January-October period compared with the year-earlier period, in line with expectations. It remained below the 10.3 percent gain recorded in the January-September period.
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