Data dump – econ data
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China’s stats bureau published the monthly econ data for May on Wednesday.
The headlines:
Retail sales rose 12.4% y/y in May, down from 17.7% y/y growth in April.
Fixed asset investment increased by 4.2% y/y in May, down from 9.9% y/y growth in April.
Value-added output at industrial firms rose 8.8...