Data dump – August econ data
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China’s stats bureau published the monthly econ data for August on Wednesday.
The headlines:
Retail sales rose 2.5% y/y in August, down from 8.5% y/y growth in July.
Fixed asset investment rose by 0.2% y/y, compared with a 0.8% y/y fall in July.
Value-added output at industrial firms rose 5.3% y/y,...