As Leaked to the press the other day, China’s May Industrial Output came in at +8.9%. Forecast was +7.5%. The data provides further confirmation that the governments spending and partial recovery in exports are proving supportive for manufacturers. Retail Sales +15.2% yr/yr. Market expectations were +14.7$.
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China May Industrial Output +8.9%, Retail Sales on year +15.2%
June 12 2009, 5:08am | Comments »
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