Activity information from China for August 2022.
A sequence of beats with the three main headlines all beating central median estimates.
Surveyed Jobless Rate 5.3% can also be a beat
- anticipated 5.4%, prior 5.4%
extra to come back
Retail Sales YTD +0.5percenty/y
- anticipated +0.2%, prior -0.2%
Industrial Production YTD +3.6% y/y
- anticipated est 3.6%, prior 3.5%
The official information is exhibiting stronger than anticipated. In the brief time period the official information is what we have now to go on. More impartial sources will dispute the numbers.