Logo 19 Apr 2022

March econ data shows rough end to Q1

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Alongside the Q1 GDP data, China’s stats bureau also released the econ numbers for March on Monday.

The headlines:

Retail sales fell 3.5% y/y in March, down from 6.8% y/y growth in the first two months of the year.Fixed asset investment increased 6.7% y/y, compared with a 12.2% y/y rise in Ja...