June 15, 2022 - 11:56 AM 234 views
May Retail Sales YoY in China were -6.7 percent,
down from -7.1 percent predicted and -11.1 percent the previous month, while
Industrial Production YoY was 0.7 percent, down from -0.7 percent projected and
-2.9 percent the month before.
Meanwhile, Fixed Asset Investment YoY increased to 6.2 percent, up from 6.0 percent predicted and 6.8 percent the previous year.
China's jobless rate was 5.9% in May, according to a
China's jobless rate in 31 major cities was 6.9% in
May, according to a poll.
In the months of January to May, China's economy
added 5.29 million new urban jobs.
The significant beat on Chinese data hasn't inspired the Australian dollar. The AUD/USD pair is maintaining its recent rebound gains near 0.6915, having gained 0.66 percent so far.
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