The data is here:
- China November: Retail sales +3.0% y/y (exp +4.6%) Industrial output +5.4% y/y (exp +5.3%)
National Bureau of Statistics (NBS) comments:
- Positive changes in China’s economy further increased
- External environment
has become more complex - Domestic demand
remains insufficient - Some enterprises
face operational difficulties - The foundation for
sustained economic recovery and improvement still needs to be
strengthened - Trend of recovery in consumption has not changed
This article was written by Eamonn Sheridan at www.forexlive.com.
#Chinas #stats #bureau #domestic #demand #remains #insufficient #Forexlive
China domestic demand remains insufficient
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