Trivium Neopol - Econ and Finance | Logo 16 May 2022

April econ data even worse than expected

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China’s stats bureau published the monthly econ data for April on Monday.

The headlines:

Retail sales dropped 11.1% y/y in April, down from a 3.5% y/y fall in March.Fixed asset investment rose 1.8% y/y in April, compared with 6.7% y/y growth in March.Value-added output at industrial firms fel...


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